Skip to main content

Liberal Advocacy Group Sues for Kraninger Records

Phil Hall
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.

 
Published
Jul 25, 2018
CFPB Reports Trends In Financial Assistance

The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.

Analysis and Data
Jul 14, 2021
CFPB Orders GreenSky To Refund $9M In Unauthorized Loans

The consent order requires GreenSky to refund or cancel up to $9 million in loans for the customers harmed by this illegal conduct.

Regulation and Compliance
Jul 13, 2021
CFPB Warns Landlords And Consumer Reporting Agencies To Report Accurate Rental Information

Inaccurate rental or eviction information can unfairly block families and individuals from safe, affordable housing.

Regulation and Compliance
Jul 01, 2021
FHFA Mandates Quarterly Fair Lending Reports

FHFA issued orders for all enterprises to submit quarterly Fair Lending Reports with data and information to improve the FHFA’s capabilities. 

Regulation and Compliance
Jul 01, 2021
FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

The Federal Housing Finance Agency made it clear that Fannie Mae and Freddie Mac servicers are not permitted to make first notice or filing for foreclosure that would be prohibited by the CFPB protections for borrowers affected by COVID-19.

Regulation and Compliance
Jun 30, 2021
CFPB Finds Evidence Of Redlining And Deceptive Acts In 2020

Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020

Regulation and Compliance
Jun 29, 2021