The confirmation hearing before the Senate Banking Committee for Kathy Kraninger, who has been nominated to be the next director of the Consumer Financial Protection Bureau (CFPB), will be Thursday, and industry experts will be watching closely to see what she has to say.
Kraninger, who currently serves as the associate director for general government at the Office of Management and Budget under CFPB acting director Mick Mulvaney, is a virtual unknown in the financial services sector.
RESPA News asked Marx Sterbcow, managing attorney for Sterbcow Law Group, whether Kraninger is likely to be confirmed. Read on for more details.
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