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Tag Archives: U.S. Senate

Senate Advances Kraninger Nomination

tax

A key procedural vote by the Senate has taken Kathleen Kraninger a step closer to becoming the next Director at the Bureau of Consumer Financial Protection. Here's how the vote went.

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Senator’s Budget Amendment Targets ‘Reckless’ CFPB

CFPB

The senator’s proposed budget amendment will make the CFPB subject to congressional appropriations process because currently the CFPB operates under the Fed, not Congress. The amendment stressed for more congressional oversight given the CFPB receives roughly $600 million of the Fed’s annual operating expenses.

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