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Nominations Administrative Appointments Consumer Financial Protection Bureau (CFPB)

Ballard Spahr LLP

Trump Administration to withdraw McKernan’s nomination to serve as CFPB Director

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President Trump will withdraw Jonathan McKernan’s nomination as CFPB Director, as he nominates him as the Treasury Department’s Undersecretary of Domestic Policy, the New York Times and Law360 reported....more

Troutman Pepper Locke

Yet Another Leadership Change at the CFPB: Jonathan McKernan Nominated as Director

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On February 11, President Donald Trump nominated Jonathan McKernan to be the new Director of the Consumer Financial Protection Bureau (CFPB or Bureau). If confirmed by the Senate, McKernan will replace Acting CFPB Director...more

Ballard Spahr LLP

Trump nominates former FDIC Board Member Jonathan McKernan to head CFPB

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President Trump has nominated Jonathan McKernan to be the Director of the CFPB. ...more

Ballard Spahr LLP

Cloture filed on Kraninger nomination

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Politico has reported that Senate Majority Leader Mitch McConnell filed cloture this afternoon on President Trump’s nomination of Kathy Kraninger to serve as CFPB Director. ...more

Ballard Spahr LLP

Senate Banking Committee approves Kraninger nomination

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By a 13 to 12 party-line vote today, the Senate Banking Committee approved President Trump’s nomination of Kathy Kraninger to serve as CFPB Director. When the full Senate will consider her nomination and whether it will be...more

Ballard Spahr LLP

Senate Banking Committee schedules August 23 vote on Kraninger nomination

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According to media sources, the Senate Banking Committee has rescheduled a vote on President Trump’s nomination of Kathy Kraninger to serve as CFPB Director for August 23. There is little doubt that the Committee will approve...more

Ballard Spahr LLP

Senate Banking Committee Postpones Vote to Confirm Kraninger

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As we previously reported, Kathy Kraninger, President Trump’s nominee to become the next CFPB Director, testified at a hearing of the Senate Banking Committee on July 19. ...more

McGuireWoods LLP

Democrats Decry Kraninger at Hearing, but Republicans Appear Supportive

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Thursday’s Senate confirmation hearing for Kathy Kraninger, President Trump’s nominee to lead the Consumer Financial Protection Bureau (“CFPB”), produced a number of testy exchanges with Democrats but no obvious obstacles to...more

Ballard Spahr LLP

Senate Banking Committee holds hearing on Kraninger nomination

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Yesterday, the Senate Banking Committee held a hearing on President Trump’s nomination of Kathy Kraninger to serve as CFPB Director. Although the hearing also included the President’s nomination of Kimberly Reed to serve as...more

Troutman Pepper Locke

Cordray's Departure Will Mean Big Changes at the CFPB

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One of two scenarios will likely occur in the near future at the CFPB. Either Director Richard Cordray will be fired by President Trump (for cause), or Cordray will resign to enter the 2018 Ohio gubernatorial race. If either...more

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