Kathy Kraninger
Kathy Kraninger | |
|---|---|
| 2nd Director of the Consumer Financial Protection Bureau | |
| In office December 11, 2018 – January 20, 2021 | |
| President | Donald Trump |
| Deputy | Brian Johnson Leonard Chanin (acting) Thomas Pahl |
| Preceded by | Richard Cordray |
| Succeeded by | Rohit Chopra |
| Personal details | |
| Born | Kathleen Laura Kraninger December 28, 1974 Pittsburgh, Pennsylvania U.S. |
| Political party | Republican |
| Education | Marquette University (BS) Georgetown University (JD) |
Kathleen Laura “Kathy” Kraninger (born December 28, 1974) is an American government official who served as director of the Consumer Financial Protection Bureau (CFPB) from December 11, 2018, until her resignation on January 20, 2021. Before that, she served in the White House Office of Management and Budget during the Trump administration.
Before her appointment to head the CFPB by President Trump, Kraninger had no experience in financial industry regulation or in consumer protection matters. During her tenure as CFPB head, Kraninger loosened rules on payday lenders, as well as sided with the Trump administration's argument that the CFPB had too much independence.