Politics

Trump Nominates Kathleen Laura Kraninger to Lead Bureau of Consumer Financial Protection

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The White House is officially sending the nomination of Kathleen Laura Kraninger to be Director of the Bureau of Consumer Financial Protection to the Senate.

President Donald Trump's plans to nominate Kraninger were initially made public Saturday.

Kraninger currently works at the Office of Management and Budget under Mick Mulvaney, who has also is serving as acting director of the CFPB after Richard Cordray, an appointee of former President Barack Obama, stepped down to run for Ohio governor.

White House Deputy Press Secretary Lindsay Walters called Kraninger a "staunch supporter of free enterprise" in a statement.

"She [Kraninger] will bring a fresh perspective and much-needed management experience to the BCFP, which has been plagued by excessive spending, dysfunctional operations, and politicized agendas," Walters said.

Sen. Elizabeth Warren (D., Mass.) said Tuesday she would block the nomination until Kraninger explains her role in the Trump administration's "zero tolerance" immigration policy that is separating children from their parents who illegally cross the U.S. border.