Published: August 2018

Senate should reject Kraninger for CFPB Director

Eighty civil rights and consumers groups wrote to Congress, urging a “no” vote on the nomination of Kathy Kraninger to head the Consumer Financial Protection Bureau. Kraninger has no record of protecting consumers or standing up to powerful Wall Street special interests—key traits we all want in America’s chief consumer advocate. Americans deserve a consumer champion at the CFPB, not someone will continue Mick Mulvaney’s anti-consumer agenda.

As President Donald Trump’s pick to head the government’s top consumer watchdog, the Consumer Financial Protection Bureau (CFPB), faced the Senate Banking Committee for her confirmation hearing, consumer advocacy groups mounted resistance to Kathy Kraninger’s nomination. With no experience in the field, her nomination is seen as another step in the Trump Administration’s ongoing effort to undermine the CFPB and its regulatory authority on the financial industry.

Lead Organization

American's for Financial Reform (AFR)

Other Organizations

Americans for Financial Reform | Allied Progress | American Association of Justice | Bonnie Wright & Associates, NC | Center for Financial Social Work | Center For Responsible Lending | Change To Win | Coalition on Human Needs | Consumer Action | Consumers for Auto Reliability and Safety | Demand Progress Action | Demos | Indivisible | NAACP | National Association of Consumer Advocates | National Association of Social Workers | National Fair Housing Alliance | New Progressive Alliance | Progressive Caucus Action Fund | Prosperity Now | Public Citizen | Public Justice | Service Employees International Union (SEIU) | The Leadership Conference on Civil and Human Rights | UnidosUS (formerly NCLR)

More Information

Click here to read the coalition letter and to see the full list of coalition advocates.

For more information, please visit AFR's website.

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