Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger will testify before both the House Financial Services Committee and Senate Banking Committee this week as part of her semi-annual report to Congress.
Kraninger will appear before the House Financial Services Committee Wednesday at 10 a.m. (ET) and before the Senate Banking Committee Thursday at 10 a.m. (ET). CUNA will send letters for the record of both hearings.
House Democrats and Kraninger have had recent disagreements over the leadership structure of the CFPB, and CUNA continues to support replacing a single director with a bipartisan, multimember commission.
Other hearings CUNA is engaged with this week include: