Kathy Kraninger, an associate director at the Office of Management and Budget, has been picked by President Donald Trump to serve as director of the Consumer Financial Protection Bureau, Bloomberg reported Sunday.
Lindsey Walters, a spokeswoman for the White House, said in a statement Kraninger is “a staunch supporter of free enterprise†whose management experience would help advance reforms initiated by OMB Director Mick Mulvaney, who has led CFPB since November 2017 on a part-time basis.
Kraninger will succeed Mulvaney as the consumer watchdog’s permanent head once confirmed by the Senate.
She has managed budget matters for financial regulators since joining OMB in 2017 and previously served as a staff member of the Senate Appropriations Committee and an official at the Department of Homeland Security prior to OMB.
Related Articles
President Donald Trump has signed an executive order approving a proposed deal that would keep video-sharing platform TikTok operational in the U.S. while protecting national security. Engage with U.S. military leaders and top industry experts at the Potomac Officers Club’s 2025 GovCon International and Global Defense Summit as they tackle global defense challenges, from supply chain risks to sanctions and international regulations. Save your spot now for this Oct. 16 event to gain critical insights and connect with key decision-makers! ‘Qualified Divestiture’ of TikTok’s US Operations In a fact sheet published Thursday, the White House said TikTok’s U.S. operations would
Retired Vice Adm. Scott Pappano has been confirmed as principal deputy administrator for the National Nuclear Security Administration. According to Congress records, legislators voted 51-47 to appoint Pappano. He also confirmed his new position in a LinkedIn post Thursday. Who Is Scott Pappano? President Donald Trump nominated Pappano to be principal deputy administrator for NNSA in February. Pappano is a seasoned military leader who most recently served as principal military deputy assistant secretary of the Navy for research, development and acquisition. He also held leadership positions at the Special Operations Forces Mobility Program Office and the Strategic and Attack Submarine
The General Services Administration and xAI have signed an agreement to make the latter’s Grok frontier artificial intelligence models available to federal agencies through March 2027. GSA said Thursday the partnership with xAI is part of the agency’s OneGov initiative, which aims to simplify the procurement of AI tools to help accelerate federal AI adoption. The new deal is reportedly the lowest price yet for an AI offering through the partnership. “Widespread access to advanced AI models is essential to building the efficient, accountable government that taxpayers deserve—and to fulfilling President Trump’s promise that America will win the global AI