Kathy Kraninger Confirmed by 50-49 Vote in Senate as New CFPB Director

Yesterday, League partner Dollar Associates, LLC distributed a client update regarding Kathy Kraniger's confirmation as CFPB Director. In the update, Dennis Dollar provides an interesting perspective on what this means for credit unions. He notes that t he most interesting matter with credit union implications, because of the spillover effect at NCUA and the states when the CFPB is prioritizing the issue, is whether there will be a focus on more and expanded fair lending examinations for all financial institutions - including credit unions.

Click here to download the latest Dollar Associate Client Update.

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