Mar
22

Kraninger Leaves CFPB Diminished Yet Prepared for Biden Ramp-Up

Kraninger Leaves CFPB Diminished Yet Prepared for Biden Ramp-Up

Kathy Kraninger’s two years atop the CFPB saw an easing of enforcement and laws, but she left set up the groundwork for the customer watchdog agency to come back to its old form.

The buyer Financial Protection Bureau under former Director Richard Cordray ended up being viewed as a regulator that is robust aimed to push the envelope in overseeing economic market individuals. In comparison, Kraninger saw the bureau become a lot more quiescent regulator, stated Christine Hines, the legislative manager when it comes to National Association of Consumer Advocates. Leer más

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