Latest News
Showing the Latest Kathy Kraninger Results
-
Caught On Tape: Payday Lenders Openly Brag That Their Contributions Lead to Regulation Rollbacks
Payday Execs Pressure Supporters to Donate More to Trump Campaign to Ensure a Final CFPB Rule That Perpetuates the Payday Debt Trap Washington D.C. — As reported by the Washington Post, a video obtained by consumer watchdog groups Allied Progress and Americans for Financial Reform shows payday industry executives bluntly discussing how campaign contributions to…
-
Reminder: CFPB Director Kraninger Still Hasn’t Fired Paul Watkins
4 Months Later, Top Trump CFPB Official With Ties to Anti-LGBT Hate Group Still Holds Power to Okay Lending Discrimination Washington D.C. — Ahead of the House Financial Services Committee hearing today on discrimination in lending and housing against the LGBTQ community, consumer advocacy group Allied Progress renewed its calls on Trump CFPB Director Kathy Kraninger to fire…
-
Allied Progress Statement on CFPB Director Kraninger’s Say-Nothing Senate Testimony
Washington D.C. – Following CFPB Director Kathy Kraninger’s testimony today before the Senate Banking Committee, Derek Martin, Director of Allied Progress released the following statement: “Once again, Director Kraninger’s reluctance to protect consumers was matched only by her reluctance to answer straight forward questions about her industry-enriching agenda. Kraninger gave us more of the same – non-answers and evasive…
-
Lowlights from CFPB Director Kathy Kraninger’s Evasive Testimony to the House Financial Services Committee
Washington D.C. – During her defensive appearance before the House Financial Services Committee today, CFPB Director Kathy Kraninger delivered one non-answer and non-commitment after another to serious questions about her decisions to abandon consumers on several fronts – from the precipitous decline in enforcement actions to her industry–enriching rulemaking to badly neglecting the student loan…
-
As CFPB Director Kraninger Heads to Capitol Hill, Here’s The Top 5 Ways She’s Put Industry First
Kraninger’s “Buyer Beware” Philosophy of Inaction Is Costing Consumers Billions Washington D.C. – Now ten months on the job, Trump CFPB Director Kathy Kraninger is firmly set in her ways of prioritizing industry demands over consumer needs. As Kraninger prepares to testify at back-to-back Congressional appearances today and Thursday, consumer watchdog group Allied Progress released a…
-
CFPB Director Kraninger Packed Over Half the Consumer Advisory Board with Financial Industry Insiders
She has marginalized the voices of consumer advocates in favor of those who are just chasing profits.
-
Not Again…Trump CFPB Official Leading Effort to Gut Debt Collection Rules to “Kick Off” Another Ritzy Debt Industry Conference
The amount of face-time industry executives get with Trump’s CFPB officials is extraordinary.
-
Payday Lenders Host High-Dollar Trump Fundraiser Featuring VP Mike Pence, The Latest ‘Thank You’ to Trump for Gutting Payday Protections
Trump’s CFPB Has Already Saved the Payday Industry Over $900 Million By Pushing More Consumers into the Payday Debt Trap WASHINGTON, D.C. – Executives from payday lending companies Advance Financial and Cash Express are among the top sponsors for a mega-dollar fundraiser for the Trump reelection campaign in Nashville, TN today. Tickets are going for as much as $100,000 for…
-
CFPB Director Kraninger Appoints Banker Once Dubbed the “New Face Of The Housing Crisis” to Her Advisory Board
The Director ought to seek counsel from people interested in ensuring fairness and transparency in the home-lending market, not a Wall Street banker who got rich pushing risky mortgages.
-
Allied Progress Analysis Finds At Least 1-in-7 CFPB Debt Rule Public Comments Came From Debt Industry Personnel
But Do Any Actual CONSUMERS Support The CFPB’s Plan to Flood Families With Unlimited, Unsolicited Texts and Emails From Debt Collectors? WASHINGTON, D.C. – With the public comment period officially ended for the CFPB’s debt collection proposal, consumer watchdog group Allied Progress released an analysis finding that at least 1,221 comments filed in support of the rule came…