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    Democratic Senators Slam Trump's Pick To Run Consumer Financial Protection Bureau

    Elizabeth Warren and other senators fired tough questions at Kathy Kraninger, President Trump's nominee to run the Consumer Financial Protection Bureau.
    by Chris Arnold Jul 19, 2018 4 minutes

    Democrats on the powerful Senate Banking Committee said Kathy Kraninger is not qualified to be the director of the Consumer Financial Protection Bureau, the agency the White House has nominated her to run.

    Republicans at her nomination hearing Thursday said her management experience at the White House Office of Management and Budget qualifies her for the job.

    "I have the utmost confidence that she is well prepared to lead the bureau in enforcing federal consumer financial laws and protecting consumers in the financial marketplace," said Committee Chairman Mike Crapo, R-Idaho.

    But Democrats say she has no financial industry regulation experience. And they say she's been involved in some of the worst

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