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Kraninger named new director of BCFP

admin1 min readDecember 6, 2018

The Senate voted Dec. 6 to confirm Kathy Kraninger to lead the Bureau of Consumer Financial Protection in a party-line vote, 50 to 49. Kraninger replaces Acting Director Mick Mulvaney, and was approved by the Senate Banking Committee in August. She will serve a five-year term as head of the bureau. Prior to being announced head of the […]

The Senate voted Dec. 6 to confirm Kathy Kraninger to lead the Bureau of Consumer Financial Protection in a party-line vote, 50 to 49. Kraninger replaces Acting Director Mick Mulvaney, and was approved by the Senate Banking Committee in August. She will serve a five-year term as head of the bureau.

Prior to being announced head of the BCFP, Kraninger served in the Office of Management and Budget and has previously worked in the U.S. Senate and the Department of Homeland Security.

Read more here.

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The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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