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Trump Administration Nominations 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

Ballard Spahr LLP

Trump to nominate CFPB nominee to Treasury Department position

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Treasury Secretary Scott Bessent announced May 9 that President Trump intends to nominate Jonathan McKernan, his nominee to head the CFPB, as the Undersecretary of Domestic Finance at Treasury....more

Troutman Pepper Locke

Treasury Announces President Trump’s Intent to Nominate McKernan as Undersecretary of Domestic Finance

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The U.S. Department of the Treasury announced President Trump’s intent to nominate Jonathan McKernan as the Undersecretary of Domestic Finance. The press release states that McKernan’s continued service at Treasury “will...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

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

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

What Judge Kavanaugh could mean for the CFPB as a SCOTUS justice

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As we discuss below, President Trump’s nomination of D.C. Circuit Judge Brett Kavanaugh to serve as a Justice of the U.S. Supreme Court could have significant implications for all federal agencies should Judge Kavanaugh be...more

Davis Wright Tremaine LLP

Is Kraninger’s Nomination to Head Bureau a Tactical Choice to Continue Mulvaney’s Policy Trajectory?

President Trump formally nominated Kathy Kraninger to become the new head of the Consumer Financial Protection Bureau (the “Bureau”) on June 18, 2018. While this nomination was a surprise to many due to Kraninger’s apparent...more

McGuireWoods LLP

Kraninger to CFPB

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The White House announced over the past weekend that the president will nominate Kathy Kraninger to serve as the next director of the Consumer Financial Protection Bureau (CFPB). Little is known about Kraninger, currently an...more

Kilpatrick

President Trump Settles on Nominee to Lead the CFPB

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This past weekend, the White House announced that President Donald Trump plans to nominate Office of Management and Budget (OMB) Associate Director Kathy Kraninger to be the next director of the Consumer Financial Protection...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

Clark Hill PLC

Window on Washington - This Week in the Nation's Capital - Vol. 1, Issue 13

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Internal House GOP Budget Feud Threatens Agenda: House GOP efforts to write a fiscal 2018 budget are deadlocked amid Republican infighting, a divide that threatens to undermine President Donald Trump’s agenda by stalling tax...more

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