Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger and resigned her position Wednesday. Kraninger served as director since December 2018. “We thank Director Kraninger for her service leading the CFPB and her willingness to engage [...]
CUNA President/CEO Jim Nussle spoke with Consumer Financial Protection Bureau Director Kathy Kraninger Wednesday on a number of credit union issues related to the pandemic. CUNA has been in constant contact with CFPB leadership [...]
NAFCU President and CEO Dan Berger and Executive Vice President of Government Affairs and General Counsel Carrie Hunt spoke with CFPB Director Kathy Kraninger and other bureau senior staff Wednesday to reiterate credit unions' need [...]
CFPB Director Kathy Kraninger, while testifying before the Senate Banking Committee Tuesday, provided updates on efforts related to amending the definition of a qualified mortgage (QM) and potential expiration of the government-sponsored enterprise (GSE) patch, [...]
Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger will appear before the Senate Banking Committee this week, one of her required semi-annual appearances. The House Financial Services Committee will also begin its series of hearings [...]
At yesterday's CFPB's symposium focused on Section 1033 of the Dodd-Frank Act, bureau Director Kathy Kraninger and panelists outlined the benefits of consumer access to financial records while also cautioning possible consumer harm as a [...]
It may have been a cold, rainy, overcast day in Washington D.C. on Tuesday, but that didn't keep the credit union spirit down at #CUNAGAC. The morning began with an appearance by NCUA Chairman [...]
CFPB Director Kathy Kraninger – during a House Financial Services Committee hearing to review the bureau Thursday – reinforced her position to no longer defend the bureau's single-director structure in a lawsuit set to be considered by [...]
NAFCU President and CEO Dan Berger, in a letter Thursday, asked CFPB Director and Federal Financial Institutions Examination Council (FFIEC) Chair Kathy Kraninger to provide interagency guidance related to the Gramm-Leach-Bliley Act (GLBA) to help [...]
CFPB Director Kathy Kraninger testified before the Senate Banking Committee Thursday and provided lawmakers with insights into the bureau's ongoing efforts related to consumer protection and education, innovation, and more. Kraninger was providing the bureau's [...]
The CFPB on Friday announced that it is assembling a taskforce to examine ways to harmonize and modernize federal consumer financial laws. The taskforce – reporting to CFPB Director Kathy Kraninger – will recommend ways to improve [...]
CFPB political staffers have overruled recommendations by career attorneys, resulting in the agency signing settlements with companies that include no repayments to consumers, House Financial Services Chairwoman Maxine Waters (D-Calif) charged Wednesday. “Consumers who were [...]
Consumer Financial Protection Bureau Director Kathy Kraninger emphasized the need for cost benefit analysis when it comes to solid policymaking Thursday ahead of a series of panel discussions focused on behavioral economics. In her opening [...]
Reversing a decision made by her predecessor, CFPB Director Kathy Kraninger announced Thursday that she intends to increase the role that advisory boards—including the Credit Union Advisory Council—play in agency decision-making. “I’ve [...]
CFPB Director Kathy Kraninger has asked Congress to explicitly grant the agency authority to conduct examinations of financial institutions’ compliance with the Military Lending Act—a move that could settle a fight between the bureau [...]
