President Trump just lit the match that’ll ignite his next major battle on Capitol Hill.
Over the weekend, the White House confirmed that Kathy Kraninger are another head of the Consumer Financial Protection Bureau, pending Senate approval.
Of course, that approval will not be rapid (or easy) in obtaining.
The CFPB was put up by the Democrats (Sen. Elizabeth Warren, in fact) as an agency that allegedly operates against corruption in government.
However, true to their nature, under Democratic management, the CFPB had engaged in”excess spending, dysfunctional operations and politicized agendas,” according to a statement by White House spokeswoman Lindsay Walters.
The issue for Trump is that many conservative Republicans on Capitol Hill do not think the CFPB should exist at all, so would prefer a candidate who’s not dedicated to cleaning it up, but instead to shutting down it.