Sen. Warren Encourages Senators to Vote Against Kraninger Nomination; Cloture Vote Passes Senate (Updated)

On November 27, 2018, Senator Elizabeth Warren (D-MA) issued a letter to her fellow senators strongly urging them to vote against the nomination of Kathy Kraninger as the next Director of the Bureau of Consumer Financial Protection (BCFP or Bureau). The letter comes on the eve of the Kraninger vote, which is expected to occur in the very near future. Congress.gov also states that the floor debate on Kraninger is to occur today (or, if not today, sometime in the near future). 

In the seven-page long letter (eleven pages with citations), Sen. Warren issues a warning to the Senators that Kraninger would continue the work of Acting Director Mick Mulvaney -- evidenced by her prior endorsement of Mulvaney’s work -- and would “defang the consumer watchdog.” Sen. Warren accuses Mulvaney of:

Sen. Warren also states that Kraninger’s own record at the Office of Management and Budget (OMB) “demonstrates that she is unfit to lead the [BCFP].” This portion of the letter points to Kraninger’s lack of experience with consumer finance and protection issues, issues with border protection and separation of children from their parents when crossing the border, and issues related to OMB’s responses to hurricanes in 2017.

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