After college, she was a Peace Corps volunteer in Ukraine from September 1997 to November 1999.
She mentioned the value of the free market in her opening statement, noting she spent time in the then-Soviet Union as a member of the Peace Corps. As previously covered by InfoBytes, according to reports citing “internal agency documents,” the Bureau ceased supervisory examinations of the MLA, contending the law does not At her hearing, Kraninger declined to answer questions about the specifics of her roles in those policies.
"These are innocent children who may be scarred forever by this policy," said Sen. Elizabeth Warren, D-Mass., who helped create the CFPB. The Senate voted 50-49 Thursday to back Kraninger as head of the consumer protection watchdog agency.
In 1997, she graduated magna cum laude from Marquette with a B.S. The Trump administration had argued since 2017 that the CFPB was unconstitutional. They contended she was an architect of the federal government's "botched" response to Hurricane Maria in Puerto Rico. After returning from Ukraine, she studied from 2003 to 2007 at On June 16, 2018, White House Deputy Press Secretary Kraninger was confirmed on December 6, 2018, in a 50–49 party-line vote.In 2019, Kraninger sided with the Trump administration's Department of Justice in arguing that the CFPB had too much independence. Kraninger's appointment is another slight by the Trump administration against the CFPB, an agency Mulvaney has worked The nomination spurred enthusiasm from Republicans and fierce rebuttal from Democrats during a heated Senate Banking Committee Republicans argued that her management experience at the OMB qualified her for the job.
NPR from Illinois State University Kathy Kraninger listens during a Senate Banking Committee confirmation hearing in Washington, D.C., in July. The Senate voted 50-49 Thursday to back Kraninger as head of the consumer protection watchdog agency. While attending college, she interned in the office of then-United States Representative Sherrod Brown. "I don't think it's appropriate for me to get into the details of my advice" to agencies, she said. "Instead of turning to help them you pinched pennies," said Sen. Bob Menendez, D-N.J. "That does not give me the faith that when you have to stand up for seniors, service members, students, homeowners against some of the biggest financial institutions in this country that you'll do that," Menendez added during the hearing. She attended Marquette University from 1993 to 1997. The mission of the CFPB is far too important to be placed in the hands of someone who lacks candor and experience at such a fundamental level." Democrats also said Kraninger played a key role in overseeing the Trump administration's policy of separating immigrant children from their families at the border. Kathy Kraninger’s Official OMB Resume Makes No Mention of Any Role or Experience Related to Financial Regulation or Consumer Protection. [Resume of Kathleen Kraninger, Response to OMB FOIA #2018-397, accessed December 3, 2018] She has worked for the Office of Management and Budget since March 2017. On Thursday, she won Senate confirmation to run the Consumer Financial Protection Bureau.Copyright 2018 NPR. Lawmakers grilled Kathy Kraninger, director of the Consumer Financial Protection Bureau, Tuesday over the agency's decisions to overhaul the payday lending rule and to stop examining financial firms for compliance with the Military Lending Act.
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