Critics say CFPB nominee Kathy Kraninger lacks the experience to be the nation's top consumer financial watchdog
by Jim Puzzanghera, Los Angeles Times
Jun 18, 2018
4 minutes
WASHINGTON - Nominees for top federal financial regulators usually have worked in high-level government or private-sector jobs and President Trump had been following that traditional playbook. Until his latest pick.
His choice for Comptroller of the Currency was chief executive of Pasadena's OneWest Bank; the selection for Federal Deposit Insurance Corp. chairwoman had been executive vice president of Fifth Third Bank and chief counsel for the Senate Banking committee; and the nominee to head the Federal Reserve had served on the central bank's board since 2012 after having been a top Treasury official and a partner at a high-powered asset-management firm.
You’re reading a preview, subscribe to read more.
Start your free 30 days