Liberal Advocacy Group Sues for Kraninger Records – NMP
Regulation and Compliance

Liberal Advocacy Group Sues for Kraninger Records

Jul 25, 2018
Swiss-based bank UBS’ announcement that the Department of Justice (DOJ) was preparing a civil action related to 40 residential mortgage-backed securities (RMBS) deals from 2006 through 2007 came to fruition sooner than later

A left-wing political advocacy organization has filed a lawsuit this morning against the Trump administration to obtain employment records, emails and calendar of Kathy Kraninger, the president’s nominee to become the Consumer Financial Protection Bureau (CFPB).
A left-wing political advocacy organization has filed a lawsuit this morning against the Trump administration to obtain employment records, emails and calendar of Kathy Kraninger, the president’s nominee to become the Consumer Financial Protection Bureau
According to a Washington Post report, Allied Progress is trying to enforce Freedom of Information Act requests it made last month related to Kraninger’s work at the Office of Management and Budget (OMB). The OMB and the CFPB were named in the lawsuit, which was filed in a District of Columbia federal court.
 
“If OMB and CFPB are going to stonewall the release of documents and information that could shed light on Kraninger’s record, we have no choice but to go to court,” said Karl Frisch, Executive Drector of Allied Progress.
 
During the July 19 confirmation hearing for Kraninger, Democrats on the Senate Banking Committee attempted to link Kraninger to the administration’s controversial policies related to stemming the tide of illegal immigration. Kraninger stated she played no role in “setting the policy” and declined to state her personal opinion on the policies. “I don’t believe it’s appropriate or fair or right to articulate the advice that I gave,” she said during the hearing.
 
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Phil Hall
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Jul 25, 2018
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