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Kathleen Kraninger, director of the Consumer Financial Protection Bureau (CFPB), listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Thursday, March 7, 2019. Photographer: Andrew Harrer/Bloomberg

CFPB Director Kathy Kraninger on Thursday said that consumer protection will be at the forefront of her work at the agency, but she declined to renounce any policies adopted by her predecessor, who Democrats say was devoted to dismantling the agency.

“We want consumers to be empowered to make their own financial decisions,” she told the House Financial Services Committee in her first appearance before the panel since taking office in December.

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David Baumann


Credit Union Times

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