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Public Justice Statement on CFPB Director Nominee Kathy Kraninger’s Confirmation Hearing

Public Justice Statement on CFPB Director Nominee Kathy Kraninger’s Confirmation Hearing

Going into this morning’s hearing on her nomination to be the Consumer Financial Protection Bureau’s permanent Director, Public Justice was skeptical of whether Mick Mulvaney protege Kathy Kraninger is experienced enough for the role, or has a true dedication to the consumer watchdog’s mission. Of particular concern is her connection to the administration’s family separation policy through her current role at the Office of Management and Budget.

Each Democratic member of the committee had asked that the hearing be delayed so there would be time for documentation on Kraninger’s decisions at OMB. They were rebuffed, and Kraninger’s answers today clarified little. In response to the hearing this morning, Public Justice issued this statement:

Kathy Kraninger’s decision not to come clean on her connection to the administration’s horrific family separation policy is disappointing. Kraninger and senators considering supporting her nomination heard precisely why at her hearing today. This evasiveness, and Kraninger’s seemingly poor judgment on a number of issues while at OMB, is all the more disturbing because she would head an agency that marginalized and vulnerable people across America depend upon for their basic economic security.