Mick Mulvaney could be around for a while as the acting chief of the Consumer Financial Protection Bureau, despite the Trump administration’s move to nominate a permanent successor, the Wall Street Journal reported. The White House yesterday said that it would nominate Kathy Kraninger to run the 1,700-person agency created after the financial crisis. Kraninger quickly ran into opposition from the left and right, with many critics saying that she wasn’t qualified for the job. She currently works as an associate director at the Office of Management and Budget for Mulvaney, who also serves as White House budget chief. Some experts said that it appeared the Trump administration was putting up a nominee who might not be confirmed by the Senate, effectively creating a pathway for Mulvaney to stay at the CFPB for as long as two more years. Kraninger’s nomination allows him to stay until at least the end of 2018 while her confirmation is pending in the Senate.
