On Thursday, the Senate Committee on Banking, Housing, and Urban Affairs voted to approve President Trump’s nomination of Kathy Kraninger to become director of the Consumer Financial Protection Bureau. If confirmed by the full Senate, she will inherit an agency that now, finally, cares less about political motives and more about consumer choice, all thanks to the efforts of Acting Director Mick Mulvaney.

Conceived under Dodd–Frank, by design, the bureau was isolated from congressional oversight and accountability, giving Beltway bureaucrats the power to act on their own with impunity. Under the leadership of its first director, Obama-appointed Richard Cordray, the bureau failed to live up to its original intentions and became a menace to the very consumers it was intended to protect.