Items Tagged with 'Kathy Kraninger'

ARTICLES

  • Long live the CFPB: Kraninger kills bureau name change to BCFP

    Tells bureau staff: I care much more about what we do than what we are called
    Just one day after Sen. Elizabeth Warren called for an internal investigation into the Consumer Financial Protection Bureau’s mission to change its name to the Bureau of Consumer Financial Protection, new CFPB Director Kathy Kraninger is putting an end to the whole affair. In what amounts to Kraninger’s first official act as the CFPB director, Kraninger is suspending any efforts to change the bureau’s name from the CFPB to the BCFP.
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  • CFPB moves to further ease enforcement on financial services industry

    Releases new rules on “no-action letters” and proposes “product sandbox”
    In the last few days of his leadership at the Consumer Financial Protection Bureau, Mick Mulvaney moved to further ease the bureau’s enforcement of the industries that it oversees. Additionally, the CFPB proposal would create a “Product Sandbox,” which would allow and encourage companies to create and test new products and services under safe harbor provisions from the bureau itself.
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  • It's official: Senate approves Kathy Kraninger to serve as next CFPB director

    Trump's nominee set to take over for Mick Mulvaney
    Long the target of Republican ire, the Consumer Financial Protection Bureau will soon be run by the Republican president's handpicked choice. In what amounted to an anticlimactic vote in a nearly empty Senate chamber, the Senate, voting along party lines, voted Thursday to approve Kathy Kraninger as the next director of the CFPB.
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  • Senate votes to advance Kathy Kraninger as next CFPB director

    Kraninger's confirmation nearly complete
    Voting along party lines, the Senate voted Thursday to close the debate and move forward with the nomination of Kathy Kraninger to serve as director of the Consumer Financial Protection Bureau. The procedural vote sets up an official confirmation vote, which should occur in the next few days.
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