Even before she is nominated, critics are knocking President Trump's choice of Kathy Kraninger as CFPB director, contending that her lack of experience in consumer finance makes her a poor choice for such a vital position.

Kraninger, an associated director at the Office of Management and Budget, had not been mentioned as a possible nominee until this weekend, when a White House official confirmed rumors of her selection.

Surprisingly, some of the harshest criticism came from a conservative.

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