Marketplace®

Daily business news and economic stories

Is Kathy Kraninger qualified to run the CFPB?

The Senate Banking Committee is scheduled to hold a hearing Thursday on Kathleen Kraninger, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau. The nomination is controversial because Kraninger has no consumer finance experience. Her work has been at the Office of Management and Budget, helping oversee homeland security. And her tenure there raises […]

The Senate Banking Committee is scheduled to hold a hearing Thursday on Kathleen Kraninger, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau. The nomination is controversial because Kraninger has no consumer finance experience. Her work has been at the Office of Management and Budget, helping oversee homeland security. And her tenure there raises other questions.

Click the audio player above to hear the full story. 

Related Topics