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Kraninger appearance not without its bumps
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Regulatory Updates
Monday, July 23, 2018
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President Trump’s nominee to lead the Consumer Financial Protection Bureau, Kathy Kraninger, went before the Senate Banking Committee to give her first official statements on how she would run the bureau. She outlined some things and answered questions, as would be expected. The hearing was not without its bumps, however, especially at the beginning when the chairman and ranking member got into a heated exchange over information committee democrats had requested from Kraninger regarding her current position at the Office of Management and Budget. Read on for more details.
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