Kathy Kraninger has pledged to fulfill the Consumer Financial Protection Bureau’s (CFPB) mission of protecting consumers of financial products and services in a fair and transparent manner.
The Senate voted Thursday to clear a final procedural hurdle to confirm the former associate director for the Office of Management and Budget (OMB) as the CFPB’s second full-time director, setting her up for a final vote next week.
Read on to hear more from Phil Schulman, partner at Mayer Brown.
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