Items Tagged with 'nomination'

ARTICLES

  • Is Kathy Kraninger the CFPB’s next great director?

    Or a ploy to keep Mulvaney at the helm?
    After hearing the news that President Donald Trump intends to nominate Office of Budget and Management Deputy Kathy Kraninger as the next director of the CFPB, several experts began to roll out the welcome mat or criticize the administration’s choice. Is she the next great director for the agency, or just a ploy to keep Mulvaney at the helm?
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  • Senate Banking Committee approves Powell to lead Fed

    All but one Senator voted for his nomination
    As expected, the Senate Banking Committee overwhelmingly approved Jerome Powell Tuesday to lead the Federal Reserve. All the panel’s Republican and Democrat members voted for Powell except one single Democrat, and now, this bipartisan support all but seals Powell’s future as Federal Reserve Chair.
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  • Cordray Begins CFPB Director Confirmation Process

    Richard Cordray, President Obama's nominee for the Director of the Consumer Financial Protection Bureau (CFPB), is appearing before the Senate Banking Committee today as the the Senate confirmation process has begun.   In his opening remarks, Cordray intends to downplay the use of litigation in enforcing the regulations of the agency believing that lawsuits should be used judiciously.  He states that his experience as Attorney General for the State of Ohio has taught him that litigation can be slow and costly.  He seeks to use the various other powers available to the agency to resolve problems. "I quickly learned
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