U.S. Senate to Consider Kathy Kraninger’s Nomination for BCFP Director
The Senate is expected to meet on the nomination after the Thanksgiving holiday.
11/15/2018 3:30 PM
Senate Majority Leader Mitch McConnell, R-Ky., will advance consideration of Kathy Kraninger’s nomination as director of the Bureau of Consumer Financial Protection.
According to Politico, there is enough support from Republicans in the Senate to confirm her role to replace the BCFP’s Acting Director Mick Mulvaney, who works with Kraninger in his capacity as director of the Office of Management and Budget.
After a contentious discussion in August, the Senate Banking Committee voted 13-12 along party lines to approve Kraninger’s nomination, thus advancing it to the Senate floor. If confirmed by the Senate, Kraninger will replace acting director Mick Mulvaney, who doubles as director of the Office of Management and Budget.
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