7/27/2018

CONSUMER PROTECTION/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Democratic lawmakers stepped up pressure on President Trump’s pick to lead the Consumer Financial Protection Bureau, demanding more information on her role in the administration’s immigration policies and her stance on consumer finance issues, according to letters seen by Reuters on Friday [7-27-18]. The requests for information filed with the Senate Banking Committee on Tuesday [7-24-18] by Senators Elizabeth Warren, Sherrod Brown, Catherine Cortez Masto and Robert Menendez could delay Kathy Kraninger’s confirmation as CFPB chief if it emerges she had a bigger role in the Trump administration’s ‘zero-tolerance’ policy on immigration than she revealed during her confirmation hearing last week. Kraninger, a senior official at the Office of Management and Budget (OMB), fended off repeated attacks by Senate Democrats regarding her role in the policy that separated more than 2,000 children from their parents. She told Congress she had no role in setting or developing that policy but that she had attended meetings relating to its implementation.”

-Katanga Johnson, “Democrats demand more information from Trump’s consumer watchdog pick,” Reuters, July 27, 2018 10:43 am