Senate Banking Committee Scheduled Kraninger Vote for Aug. 23

Published on:
20 August 2018 at 12:00 p.m. ET

Written by: Katie Grzechnik Neill – General Counsel & Regulatory Editor – insideARM

http://www.insidearm.com/news/00044251-senate-banking-committee-scheduled-kranin/

On August 23, the Senate Committee on Banking, Housing, and Urban Affairs will vote to determine whether Kathy Kraninger will become the next director of the Bureau of Consumer Financial Protection (BCFP or Bureau).

President Donald Trump announced Kraninger as his pick for lead role at the BCFP back in June. Kraninger underwent questioning at a Senate confirmation hearing in July, where she remained tight lipped for the most part. The confirmation hearing was followed by a some pointed written questions from Sen. Elizabeth Warren (D-MA). It is unknown whether those questions were answered or will be answered prior to Thursday's vote. The vote, originally scheduled for early August, was postponed by the Committee just before a brief recess.