BCFP Confirmation Vote Set for Next Week

Senate Majority Leader Mitch McConnell (R-KY) filed cloture Thursday on several nominations, including Kathy Kraninger to lead the Bureau of Consumer Financial Protection (BCFP), setting up a Senate vote on confirmation for the week after Thanksgiving.

Kraninger was nominated in June by President Donald Trump to serve as the Bureau director, where she would replace Acting Director Mick Mulvaney. Mulvaney was appointed in November 2017 after the resignation of the previous director.

The Senate Banking Committee approved Kraninger’s nomination in August with a 13-12 vote. CUNA wrote to the committee prior to the hearing.

Kraninger, an Ohio native, has served at OMB, the U.S. Senate and the Department of Homeland Security.

 

in Legislative & Political News