Sen. Mark Warner on nomination of Kathy Kraninger to head the CFPB

mark warnerU.S. Sen. Mark Warner (D-VA), a member of the Senate Banking Committee, released the following statement after the Senate voted to advance the nomination of Kathy Kraninger to head the Consumer Financial Protection Bureau (CFPB).

“Director Mulvaney has been a disaster for consumers as head of the Consumer Financial Protection Bureau. He has dramatically reduced enforcement against banks and other financial institutions, weakened the law that protects servicemembers and their families from predatory lending, and rendered the Office of Fair Lending and Equal Opportunity quite toothless, to name just a few examples.

“In her hearing before the Senate Banking Committee, Ms. Kraninger testified that she ‘cannot identify any action’ that Director Mulvaney ‘has taken with which I disagree.’ The CFPB is responsible for making sure that banks and big corporations can’t rip off American consumers. It should have a Director who shares that mission.”

uva basketball team of destiny
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is now available at a special pre-sale discounted price of $20. The book is expected to ship by May 15, 2019, and expected to retail for $25.
Pre-order for $20: click here.

The book, with additional reporting by Scott Ratcliffe and Zach Pereles, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.
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