Kraninger resigns at CFPB
Kathy Kraninger, director of the Consumer Financial Protection Bureau, has resigned at the request of President Biden.
Kathy Kraninger, director of the Consumer Financial Protection Bureau, has resigned at the request of President Biden.
President-elect Joe Biden announced numerous appointments on Monday, including Rohit Chopra to be the director of the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau taskforce on federal consumer financial law released a report last week with recommendations on how to improve consumer protection in the financial marketplace.
The Consumer Financial Protection Bureau issued a consent order against Omni Financial of Nevada, Inc., last week requiring the company to pay a $2.175 million civil money penalty.