Consumer Confidential: Trump's pick for consumer agency chief has never stood up for consumers
by David Lazarus, Los Angeles Times
Jun 21, 2018
4 minutes
President Trump has picked a nominee for director of the Consumer Financial Protection Bureau and, true to form, he's made a bad choice.
Trump this week will nominate Kathy Kraninger, a little-known White House budget official, to serve as the nation's top consumer watchdog.
She has no experience in consumer advocacy, no experience as a regulator and no experience in financial services.
What Kraninger brings to the job, according to a White House statement, is "a fresh perspective" and "management experience."
In fact, she doesn't have much of that experience either. She has never held public office or run a government
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