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AFR Statement: ‘Aye’ Votes On Kraninger Expose American Families To Greater Wall Street Abuse

Submitted by on December 6, 2018 – 2:18 pm

FOR IMMEDIATE RELEASE

Dec. 6, 2018

CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org, (202) 251-6700

‘Aye’ Votes On Kraninger Expose American Families To Greater Wall Street Abuse

Statement From Lisa Donner, executive director of Americans for Financial Reform:

“The Senate majority has endorsed a CFPB nominee indistinguishable from Mick Mulvaney, who has done his level best to dismantle from within an agency that once won real results for American families hurt by Wall Street and predatory lenders. Kraninger has no track record at all of consumer protection, or of standing up for vulnerable people. To the contrary, at OMB she has played a hidden role in the appalling and immoral family separation policy. Senators who voted for Kraninger have voted to expose American families to greater financial insecurity and abuse at the hands of Wall Street.”

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