Today, the Senate voted on and confirmed Kathy Kraninger as the next Director of the Bureau of Consumer Financial Protection (BCFP or Bureau). The vote was split 50-49. President Donald Trump’s nomination of Kraninger for the top role at the Bureau was first announced back in June of this year. In July, Kraninger underwent a Senate Confirmation hearing where she didn’t reveal much. Kraninger’s nomination was approved by the Senate Banking, Housing, and Urban Affairs Committee in August, sending the nomination to the full Senate for a vote.
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