Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger has abruptly stopped controversial plans to change the agency’s name.
Last March, then-acting director Mick Mulvaney announced the bureau would be rebranded the Bureau of Consumer Financial Protection, its official name under the Dodd-Frank Act.
Read on for details from Kraninger’s Wednesday email to CFPB staffers announcing the news that she has scrapped all ongoing efforts to make changes to existing products and materials related to the name correction initiative.
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