Warren Demands Chamber Drop Support of CFPB Candidate – NMP Skip to main content

Warren Demands Chamber Drop Support of CFPB Candidate

Jun 28, 2018
Sen. Elizabeth Warren (D-MA) has taken her first step to pursue the 2020 Democratic Party nomination for president

Sen. Elizabeth Warren (D-MA) is continuing her effort to prevent Kathy Kraninger from becoming the next Director of the Consumer Financial Protection Bureau (CFPB) by demanding the U.S. Chamber of Commerce rescind its support of Kraninger’s candidacy.
 
In a letter to Chamber President and CEO Tom Donohue, Warren noted that the trade group came out against President Trump’s “zero tolerance” policy on illegal immigration that resulted in the separation of some children from their parents. Warren noted that Kraninger, in her work within the Office of Management and Budget, might have played a role in creating this policy.
 
“I am baffled how the Chamber can denounce the appalling child separation policy and simultaneously support a nominee who was likely involved in developing and implementing that policy,” Warren wrote, adding that she was demanding Kraninger to explain if she played any role in creating this policy. “Will you withdraw your organization's support of Ms. Kraninger immediately and withhold that support unless and until she produces all relevant documents and demonstrates that she has had no involvement in the Trump Administration's separation of thousands of children from their families?”
 
Donohue did not publicly comment on Warren’s letter, and it is not certain if Warren is pressuring other organizations to withdraw their support of Kraninger.
About the author
Published
Jun 28, 2018
UAD 3.6 Deadline Is Monday. Are Brokers Ready?

Wholesale lenders have adopted different rules for appraisal transfers, loan product changes, and reporting formats, adding complications for brokers and appraisers ahead of the Nov. 2 mandate

Friday Harbor Expands AI Appraisal Reviews As UAD 3.6 Deadline Nears

The new capability adds more than 350 automated checks as lenders prepare for the November 2 mandate

Oct 27, 2026
The Hidden Cost Of Appraisal Uncertainty

As home equity lending grows, lenders need a better way to resolve conflicting property evidence before it creates costly setbacks

Trump Targets Mortgage Insurance, Refi Costs In Sweeping Housing Order

The executive order calls for automatic mortgage insurance cancellation, expanded title insurance alternatives, and cheaper refinances, potentially changing how lenders and servicers handle borrower costs

What The 2026 Election Means For Mortgage Professionals

CHLA’s Scott Olson examines how the next Congress could reshape housing tax breaks, lending costs, and access to homeownership — and where bipartisan deals remain possible

Oct 22, 2026