Biden appoints U.S. consumer watchdog veteran 

The White House has announced Dave Uejio as President Biden’s choice to run the Consumer Financial Protection Bureau (CFPB) on an acting basis after its director, Kathy Kraninger, resigned at the new administration’s request.

Uejio is a nine-year CFPB veteran and was most recently its chief strategy officer, according to his LinkedIn profile.

Kraninger tweeted her resignation following Biden’s swearing in. She was appointed by President Donald Trump, and her term was due to end in 2023.