AFSA Supports Kraninger Nomination

AFSA sent a letter on July 17 to the Senate Committee on Banking, Housing, and Urban Affairs strongly supporting President Trump’s nomination of Kathy Kraninger for the Director of the Bureau of Consumer Financial Protection (BCFP) position.

AFSA wrote that Ms. Kraninger will “continue Mr. Mulvaney’s pragmatic, measured approach to ensuring that consumers benefit from safe, affordable products provided by the most responsible members of the consumer credit industry.” The letter went to emphasize her extensive background in increasingly responsible positions of leadership in the federal government. AFSA said, “This gives her the experience, the executive management expertise, the fiscal management and responsibility, and the fresh perspective needed to lead a large federal agency.”

The Senate Banking Committee will hold a hearing tomorrow on Ms. Kraninger’s nomination. AFSA staff will attend. The hearing will be broadcast here.