Biden consumer watchdog pick signals more aggressive stance
(AP Photo/Susan Walsh)CHARLOTTE, N.C. – President Joe Biden's nominee to run the federal consumer watchdog agency indicated Tuesday that if confirmed he would restore more aggressive enforcement actions against companies and banks that largely faded during the Trump administration. On his first day in office, Biden asked President Donald Trump's CFPB director, Kathy Kraninger, to resign. Part of the law that overhauled the entire financial industry, the CFPB was given the mission to be an aggressive regulator and a watchdog for American consumers. He left the bureau in in the final days of the Obama administration to work for an outside consumer advocacy group. In 2018, President Donald Trump nominated Chopra to the FTC to fill the Democratic seat on the regulator.
In Ohio, open Senate seat sparks debate on gender, diversity
An open Senate seat in Ohio has set off a round of jockeying among ambitious Democrats and a spirited debate over who is best poised to lead a party comeback in a one-time battleground that has been trending Republican. While Acton and Ryan are believed to be the furthest along in their deliberations, several politicians who are Black are also eyeing the seat. The group is working to recruit a Black candidate for the Senate seat, he said. AdStill, Ryan got a boost Saturday when Hillary Clinton, the party’s 2016 presidential nominee, declared on Twitter that she was “all in” for a Ryan Senate candidacy. For some Ohio Democrats the cautionary tale is 2018, when a group of female gubernatorial candidates all ceded their ambitions to former Obama administration consumer chief Richard Cordray, who lost the race.