The same slim voting margin that was enough to end Senate debate on Kathy Kraninger’s nomination to be the next director of the Consumer Financial Protection Bureau (CFPB) also was sufficient to confirm her for the role.
The financial industry and Republicans celebrated the Senate’s 50-49 party-line vote Thursday, whereas Democrats and consumer advocates reiterated their staunch opposition to Kraninger leading the bureau.
Find out more details about what both sides have to say now that Kraninger’s confirmation is final.