By Barbara S. Mishkin on July 10, 2020. The Consumer Financial Protection Bureau (CFPB) announced that Thomas Pahl will serve as the Deputy Director of the Bureau.. Pahl served as the Policy Associate Director …
Kathleen Laura Kraninger is a United States government official who is the Director of the Consumer Financial Protection Bureau, having been confirmed in December 11, 2018.
Featured Kathy Kraninger became Director of the Consumer Financial Protection Bureau in December, 2018.
Practitioner Resources Our vision is a consumer finance marketplace that works for American consumers, responsible providers, and the economy as a whole. The high court also found by a vote of 7-2 that the provision of the law dictating the director… ), particularly considering that Kraninger’s leadership of the Bureau has seen less enforcement actions issued when directly compared with her full-time predecessor, Richard Cordray.In response to questions related to the number of recorded enforcement actions taken by the Bureau and its practices related to fair lending complaints, Kraninger responded that her expectation of enforcement for fiscal year 2020 is higher than was observed one year prior.“Last year, [the CFPB recorded] 22 public enforcement actions, and I expect that that number at the end of this fiscal year will be notably higher,” Kraninger told the senators. Hide Johnson joined the Bureau from the House Financial Services Committee where he spent over five years serving in various capacities including Senior Counsel, Chief Financial Institutions Counsel, and Policy Director. Consumer Tools
Data & Research Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger indicated to lawmakers at a Senate Banking Committee hearing last week that enforcement actions in 2020 are expected to increase from their current levels by the end of the fiscal year, according to testimony provided by the director herself.. During his time on the Committee, Mr. Johnson led the policy and legislative work for the Financial Institutions and Consumer Credit Subcommittee on issues related to consumer protection and credit, mortgage origination, credit reporting, banking and data security. An official website of the United States government From her early days as a Peace Corps volunteer, to her role establishing the Department of Homeland Security, to her policy work at the Office of Management and Budget (OMB) to the CFPB, Director Kraninger has dedicated her career to public service. Featured CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.
CFPB announces new Deputy Director and additions to executive team. An official website of the United States government
An official website of the United States government in economics, as well as his J.D., from the University of Virginia.
Roberts said the CFPB is different from the FTC because it has a single director, rather than a multi-member commission.
Featured Somewhat overshadowed by the Supreme Court’s Seila Law decision and other CFPB-related developments was the CFPB’s announcement on Tuesday of personnel changes.
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