In the spirit of placeholders like Hot-Tub Whitaker, Kathy Kraninger gets the job because… like Trump wanting his personal pilot to head the FAA, government is meant not to serve…. the public. Like Trump, fitness comes only because you can hire someone to certify your 239 pounds. We should be glad she won’t demand her personal flag be flown when she’s in DC, but she’ll sure use private jets, perhaps as much as Pruitt and Zinke, because nothing fights the Deep State more than appointing a handbag designer as Ambassador to South Africa.
Kraninger’s first exposure to most of the rules promulgated by the CFPB will, by all appearances, come during preparation for her confirmation hearings. Law students currently doing summer clerkships at the CFPB will have more experience with consumer-credit regulation than the nominee to lead the bureau.
Kraninger’s lack of relevant qualifications is especially problematic in choosing her to serve as director of the CFPB, a post that the U.S. Court of Appeals for the D.C. Circuit last year deemed the “second-most powerful” in the entire federal government, behind only the presidency.
www.nationalreview.com/...