Consumer bureau vet who battled Trump will lead Biden plans to overhaul agency

The Hill: The former deputy director of the Consumer Financial Protection Bureau (CFPB), who lost a legal battle for control of the agency to the Trump administration, will lead President-elect Joe Biden’s preparations to overhaul the powerful financial watchdog.

Leandra English was named Tuesday as the leader of the Biden transition’s review team for the agency, a move likely to please progressives and advocates for tougher financial rules. Biden is widely expected to replace current CFPB Director Kathy Kraninger, a Trump appointee, upon taking office.

Read article

Share