President Trump has nominated Kathy Kraninger, a federal budget official, as director of the Consumer Financial Protection Bureau (CFPB). Professor Bob Lawless was interviewed about what we can expect from the agency moving forward for American Public Media's Marketplace.
"What the administration seems to be looking for are candidates who will pull back from the regulations. The complaints from the political right are that the CFPB has over-reached," said Lawless.
Listen to the full segment below.