Wednesday
International Migrants Day
December 12, 2018 T: 582-7800 | F: 582-7044 www.arubatoday.com
Aruba’s ONLY English newspaper
Page 13
New head of watchdog agency vows consumers will be top focus By MARCY GORDON AP Business Writer WASHINGTON (AP) — The new head of the U.S. consumer watchdog agency says she doesn’t have immediate targets in mind for rolling back actions taken by her controversial predecessor, and will put protecting consumers in the forefront while also encouraging financial innovation. Kathy Kraninger, nominated by President Donald Trump and confirmed by the Senate last week on a narrow, party-line vote, has replaced Mick Mulvaney as director of the Consumer Financial Protection Bureau. Continued on Page 3
CAVEAT EMPTOR
New Bureau of Consumer Financial Protection director Kathy Kraninger speaks to media at the Bureau of Consumer Financial Protection offices in Washington, Tuesday, Dec. 11, 2018. Associated Press