Senate confirms Kathy Kraninger as head of Consumer Financial Protection Bureau; she is expected to curtail agency’s powers

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Kraninger takes over a body that was established during the global financial crisis to police the way U.S. financial firms manage mortgages, credit cards and other products. The nomination of Kraninger, who was the associate director of general government at the Office of Management and Budget, took many in Washington by surprise. She has decades […]

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