CFPB chief presents agenda to Senate committee

Mar 15, 2019
The Consumer Financial Protection Bureau’s new director, Kathy Kraninger, is scheduled to appear before the Republican-run Senate Banking Committee this week to give a rundown of the agency’s policy agenda. It’s likely to be a different hearing from the one Kraninger faced earlier in the House, where Democrats grilled her about plans to roll back Obama-era protections […]

Kraninger closer to confirmation as consumer bureau chief

Aug 24, 2018
A career civil servant with little banking industry experience, Kathy Kraninger, tapped by the Trump administration to lead the Bureau of Consumer Financial Protection won the approval of the Senate Banking Committee in a party line split vote. Next, the full Senate will vote to approve her. Click the audio player above to hear the […]
Kathleen Kraninger briefing at the Washington Foreign Press Center on the "Launch of Electronic System for Travel Authorization (ESTA)."
Courtesy of Foreign Press Centers

Is Kathy Kraninger qualified to run the CFPB?

Jul 18, 2018
The Senate Banking Committee is scheduled to hold a hearing Thursday on Kathleen Kraninger, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau. The nomination is controversial because Kraninger has no consumer finance experience. Her work has been at the Office of Management and Budget, helping oversee homeland security. And her tenure there raises […]

The nominee to lead the CFPB raises more questions about the agency’s future

Jun 18, 2018
The White House has tapped Mick Mulvaney’s replacement to run the Consumer Financial Protection Bureau, the consumer watchdog agency formed in the wake of the financial crisis. Kathy Kraninger is an associate director in the Office of Management and Budget, where Mulvaney has been her boss. Critics worry she has no experience with financial regulations […]