CFPB Director Discusses 2020 Priorities Before House Lawmakers

CFPB Director Discusses 2020 Priorities Before House Lawmakers

Last week, Consumer Financial Protection Bureau Director Kathleen Kraninger testified for 3.5 hours before the House Financial Services Committee on the Bureau’s Fall 2019 Semi-Annual Report and her policy objectives for 2020.

Read Director Kraninger’s testimony or watch the hearing.

Director Kraninger responded to questions on the mission of the CFPB; the pending Supreme Court case that challenges the legality of the Bureau’s leadership structure; her recent policy statement on abusive acts and practices; the need for clearer regulations; HMDA reporting; consumer literacy; the value of TILA-RESPA Integrated Disclosures (TRID); and other topics.