Analysis

After Year With Mulvaney, CFPB Enters Kraninger Era

Law360 (December 6, 2018, 9:29 PM EST) -- Mick Mulvaney is leaving behind a Consumer Financial Protection Bureau that’s had some of the bark and bite taken out of it, but as Kathleen Kraninger steps up to become the agency’s next director, the consumer financial watchdog hasn’t necessarily gone to sleep, financial services attorneys told Law360.

The Senate voted 50-49 along party lines to confirm Kraninger as director of the CFPB on Thursday, just over a year after President Donald Trump tapped Mulvaney to lead the agency on an interim basis following the departure of former director Richard Cordray.

Financial services attorneys said that Kraninger is set to inherit...

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