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Senate Panel Approves Trump’s Pick to Run Consumer-Finance Agency
By Colin A. Hanna

President Trump’s pick to lead the Consumer Financial Protection Bureau cleared a key hurdle today with a Senate committee vote approving Kathy Kraninger’s nomination to Director.

I am pleased that the Senate Banking Committee has voted to move Ms. Kraninger’s nomination as Director one step forward to completion.

To date, this process has been nothing but a political sideshow being put on by Senator Warren and her Democratic colleagues, choosing to smear a qualified candidate by making baseless attacks about Ms. Kraninger’s alleged position on immigration.

Ms. Kraninger is a strong, market-oriented, and fiscally sane leader who can cut the CFPB down to size and restore some form of transparency and constitutional accountability.

I urge Senator McConnell to move quickly to bring Ms. Kraninger’s nomination to a full Senate vote.

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