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.