Senate Committee Confirms CFPB Nominee

WASHINGTON, D.C. — The polar opposite reaction to a one-vote margin of passage within the Senate Banking Committee reinforced why the nomination of Kathy Kraninger by President Trump to be the next director of the Consumer Financial Protection Bureau appears to be so controversial.

Committee members approved by a vote of 13-12 on Thursday morning to forge ahead with Kraninger’s nomination to be considered by the full Senate. Organizations such as the American Financial Services Association … Read more

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