Monday, November 26, 2018

Call Sens. Flake and Kyl: Block Trump's CFPB nominee


Kathy Kraninger, Trump's nominee to lead the Consumer Financial Protection Bureau, is expected to face a confirmation vote in the Senate as soon as this week. Call Sens. Flake and Kyl now and urge them to vote no on Kraninger's confirmation.
Click below for a sample script and the number to call:
Take action now ►
Kraninger Unacceptable
The Senate is expected to vote this week to confirm Kathy Kraninger, Trump's nominee to lead the Consumer Protection Financial Bureau.1
Kraninger currently works as a deputy in the Office of Management and Budget, overseeing and providing policy advice to the Department of Justice and Department of Homeland Security. That places her right in the thick of the Trump administration's decision to separate children from their parents.2 As Sen. Elizabeth Warren pointed out in Kraninger's confirmation hearing over the summer, Kraninger's role in separating families is a "moral stain" that will follow her the rest of her life.
This week's vote follows a vote in the Senate Banking Committee in August in which every single Republican Senator voted in Kraninger's favor.3 To stop Kraninger and protect the CFPB, we need a few Republicans to join Democrats in opposition. Can you make a call to Sens. Flake and Kyl now?
Even before her role in Trump's family separation policy became public, Kraninger's nomination to lead the CFPB was already controversial: She has no relevant experience and appears to be a stalking horse to allow current CFPB Acting Director Mick Mulvaney, her boss at OMB, to continue his campaign of destruction at the agency.4
Earlier this year, as the Trump administration was preparing to announce the family separation policy, Kraninger and her staff met with key officials at Immigrations and Customs Enforcement and DHS, indicating that she played a role in planning for the policy's implementation. Her staff even met with an executive from the GEO Group, one of the private prison operators making huge profits as a result of Trump's cruel immigration policies.5
No one should get a promotion after helping tear children away from their parents. We need to stop Kraninger's nomination.
Kraninger has no record of sticking up for consumers. In fact, she has no relevant experience at all in finance, regulation, banking or even leading an important institution like the CFPB.6
Sadly, her lack of qualifications may be the exact reason Trump nominated her. Predatory financial interests clearly see something about Kraninger they like, and Trump has launched a crusade to destroy the consumer watchdog from within. We need to act fast before the Republican-controlled Senate rubber stamps Kraninger's confirmation, as they have with so many unqualified Trump nominees in the past 18 months.
Call Sens. Flake and Kyl: Block Trump's CFPB nominee Kathy Kraninger. Click the link below for a simple script and the number to call:
- Josh Nelson, CREDO Action
Click below for a sample script and the number to call:
Take action now ►
References:
  1. Ben Lane, "Housing industry pushes Senate to confirm Kathy Kraninger as next CFPB director," HousingWire, Nov. 13, 2018.
  2. Sens. Elizabeth Warren and Sherrod Brown, "Letter to Kathy Kraninger," June 18, 2018.
  3. Jim Puzzanghera, "Senate committee narrowly confirms Kathy Kraninger to head CFPB," Los Angeles Times, Aug. 23, 2018.
  4. David Lazarus, "Trump's pick for consumer agency chief has never stood up for consumers," Los Angeles Times, June 18, 2018.
  5. Emily Stewart, "Democrats want answers on CFPB nominee’s involvement in family separation," Vox, June 27, 2018.
  6. Lazarus, "Trump's pick for consumer agency chief has never stood up for consumers."

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