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    Senate Hearings on Kraninger Nomination & Credit Reporting Agencies - Scheduled for 12 & 19 July

    Senate Hearings on Kraninger Nomination & Credit Reporting Agencies - Scheduled for 12 & 19 July

    This is reposted from Ballard Spahr LLP.

    Politico has reported that on July 19, the Senate Banking Committee will hold a hearing on President Trump’s nomination of Kathy Kraninger to serve as CFPB Director.  While we find this surprising, we continue to believe that she will not be confirmed by the full Senate until after the mid-term elections.

    Politico also reported that on July 12, the Senate Banking Committee will hold a hearing on credit reporting agencies at which the witnesses will include Peggy Twohig, CFPB Assistant Director for Nonbank Supervision, and Maneesha Mithal, an Associate Director in the FTC’s Bureau of Consumer Protection.

     

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