Senate Confirms Consumer Bureau Nominee as Bureau Defends Name Change

Government Executive: The Senate on Thursday, in a squeaker vote of 50-49, confirmed White House homeland security specialist Kathy Kraninger to be director of the Consumer Financial Protection Bureau.

The vote came as the agency was defending the move taken earlier this year by acting Director Mick Mulvaney to change the bureau’s name to the language used when it was created under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act—the Bureau of Consumer Financial Protection.

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