by Jeff Sovern
Kate Berry in the American Banker is reporting that the nominee to run the CFPB, Kathy Kraninger "likely was deeply involved in President Trump's "zero-tolerance" immigration policy, according to former officials with the Office of Management and Budget and the Department of Homeland Security."
Meanwhile, a WSJ editorial argues that Kraninger "has more than enough of the experience that matters at the CFPB—in how bureaucracies work." Payday lenders have also endorsed Kraninger. So neither experience separating children from parents nor lack of experience with consumer law are seen as disqualifying someone from running the CFPB and dealing with predatory lenders?
