White Paper

4 Pages
  • 4 Pages

CFPB Nominee Sparks Debate Over Future of Agency

 

Nominee Kraninger faced harsh scrutiny from Democrats on the Senate Committee on Banking, Housing and Urban Affairs.

Specific scrutiny was regarding her qualifications for the position. The Committee questioned her intentions to continue the approach used by the acting director. When pushed, she wouldn’t confirm whether or not she would have the same approach toward governing the Bureau. This white paper reviews the political divide with this nomination.