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Kathy Kraninger, director of the Consumer Financial Protection Bureau, has resigned at the request of President Biden.
She announced the move in a letter Jan. 20, clearing the way for Rohit Chopra, Biden’s nominee for the role. Kraninger’s term ran through 2023, but the Trump appointee’s policies frequently drew Democratic ire.
In a tweet, Kraninger said she resigned at the request of the Biden administration. “I support the Constitutional prerogative of the President to appoint senior officials within the government who support the President’s policy priorities, which ensures our government is responsive to the will of the people as expressed in presidential elections,” she wrote.
Last year the Supreme Court ruled in a 5-4 decision that the President may fire the director of the CFPB at-will, negating its original structure, which required cause for the director’s removal.
Dave Uejio, the agency’s chief strategy officer, was named interim director as Chopra faces Senate confirmation.
