Kathy Kraninger sworn in as CFPB director
The Trump appointee officially took over for Mick Mulvaney as head of the agency following her Senate confirmation last week. ... Read full article
The Trump appointee officially took over for Mick Mulvaney as head of the agency following her Senate confirmation last week. ... Read full article
Kraninger's nomination was lauded by industry groups, but vigorously opposed by consumer groups and Democratic lawmakers. ... Read full article
Democrats on the House Financial Services Committee are expected to shine a spotlight on Trump-appointed regulators, but that light might shine brightest on one agency in particular. ... Read full article
The central bank may be looking at other benchmarks besides the fed funds rate to conduct monetary policy; dropping human appraisers from most home sales raises concerns. ... Read full article
A motion to limit debate on the nominee to run the consumer bureau passed along strictly party lines, setting the stage for her to be confirmed as early as next week. ... Read full article
Kathy Kraninger, who may get a confirmation vote as early as this week, has suggested a similar vision to that of the agency’s current acting chief. But some see signs she could bring a different approach to the job. ... Read full article
The report released by Sen. Sherrod Brown, a possible presidential contender, said the acting chief has undermined the bureau’s mission. ... Read full article
Majority Leader Mitch McConnell filed a motion for cloture on the nomination of Kathy Kraninger to run the agency, setting up a potential vote later this month. ... Read full article
The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years. ... Read full article
At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress. ... Read full article
The tightening of Senate races in Republican strongholds has raised the prospects of Democrats having even more influence on regulatory appointments and the legislative agenda. ... Read full article
Kathy Kraninger has been tight-lipped about her plans for the consumer bureau, but some point to signs that she could curb the agency's power by reducing staff and other costs. ... Read full article
The committee approved the nomination of Kathy Kraninger to head the Consumer Financial Protection Bureau, despite strong Democratic opposition, as well as President Trump's picks for Ginnie Mae, the Export-Import Bank and several other positions. ... Read full article
Sen. Heidi Heitkamp, D-N.D., has compromised with Republicans on key issues and supported other Trump nominees, but she said Kathy Kraninger lacks enough experience to run the consumer bureau. ... Read full article
The Banking Committee had delayed a vote on Kathy Kraninger’s confirmation after the Senate announced a short summer recess. ... Read full article
The Senate recess is postponing the committee's vote comes as Democrats press Kathy Kraninger on involvement with zero-tolerance immigration policy at OMB. ... Read full article
Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border. ... Read full article
Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing. ... Read full article
Allied Progress, a consumer watchdog, sued the CFPB and the OMB on Wednesday for failing to respond to a request for documents on Kathy Kraninger, President Trump's nominee to lead the CFPB. ... Read full article
The agency’s consumer complaints database must remain available to the public to help prevent further abuses. ... Read full article