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Will Kraninger bring change to the CFPB?

Joe Mont | December 7, 2018

After lingering in the nomination queue since summer, the Senate on Thursday narrowly voted its confirmation of Kathy Kraninger as the next director of the Consumer Financial Protection Bureau.

The final vote of the full senate: 50-49.

Kraninger, 43, previously worked for the Department of Homeland Security and for the Senate Appropriations Committee’s Homeland Security Subcommittee. Since March 2017, she has served as associate director for general government at the Office of Management and Budget, where she monitored approximately $250 billion in budgetary resources for cabinet-level departments and federal agencies. A native of Pittsburgh, she is a graduate of Marquette University and Georgetown Law School.

Acting Director Mick Mulvaney’s tenure as current head of the agency was intended to end, by statute, on June 22.

At the time of her nomination, in June, a statement by the White House said Kraninger would “bring a fresh perspective and much-needed...

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