CFPB Nominee Continues Refusal to Answer Questions from Banking Committee

Kraninger’s Questions for the Record Following Her Hearing Fail to Provide Meaningful Answers to Senators’ Questions

WASHINGTON, D.C. — On Thursday, the Banking Committee is scheduled to meet to vote on several nominees, including Kathleen Kraninger for CFPB Director. Ms. Kraninger has no background in consumer protection or financial issues, she has not responded to several document requests from committee Democrats, and was evasive in her answers to questions at her confirmation hearing. This week the Banking Committee received Ms. Kraninger’s written responses to committee member’s Questions for the Record.

Below is a link to a short video from Ms. Kraninger’s confirmation hearing highlighting her frustrating non-answers to committee members as well as Ms. Kraninger’s responses to three sets of Questions for the Record:

Video – Does Kraninger Belong at the CFPB? :

Questions for the Record:

The Questions for the Record were requested by Ranking Member Sherrod Brown (D-OH), Jack Reed (D-RI), Robert Menendez (D-NJ), Mark Warner (D-VA), Elizabeth Warren (D-MA), Brian Schatz (D-HI), Chris Van Hollen (D-MD), and Catherine Cortez Masto (D-NV).

 

 

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