Mounting criticism for going too soft on the financial services industry under Trump has not stopped new Consumer Financial Protection Bureau Director Kathleen Kraninger from putting her own enforcement stamp on the agency.
“There may be a misimpression that the CFPB is lax when, in fact, it is not; it’s a very active Bureau,” says Anthony DiResta, a partner at Holland & Knight. “They’ve been looking at many players in the financial services industry—banks, lenders, credit-repair organizations, debt collectors.”

