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International
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New head of watchdog agency vows consumers will be top focus
By MARCY GORDON
AP Business Writer
WASHINGTON (AP) — The CAVEAT
new head of the U.S. con-
sumer watchdog agency
says she doesn’t have im-
mediate targets in mind for EMPTOR
rolling back actions taken
by her controversial pre-
decessor, and will put pro-
tecting consumers in the
forefront while also encour-
aging financial innovation.
Kathy Kraninger, nominat-
ed by President Donald
Trump and confirmed by
the Senate last week on a
narrow, party-line vote, has
replaced Mick Mulvaney
as director of the Con-
sumer Financial Protection
Bureau.
Continued on Page 3 New Bureau of Consumer Financial Protection director Kathy Kraninger speaks to media at the Bureau of Consumer Financial
Protection offices in Washington, Tuesday, Dec. 11, 2018.
Associated Press
