Mr. President, I rise to speak in support of the nomination of Kathy Kraninger to be Director of the Consumer Financial Protection Bureau. Ms. Kraninger has had a distinguished career in public service, with exposure to a diverse set of Federal agencies. She brings significant leadership experience at Federal agencies on Capitol Hill, with particular expertise in the budget and appropriations processes. She has served as Associate Director for General Government at the Office of Management and Budget since March 2017. In that capacity, she oversees nearly $250 billion in the budgetary resources for seven Cabinet Departments, and 30 other Federal Agencies, including the Bureau. In addition, she serves as OMB's principal policy official for issues related to the Treasury Department, the Department of Housing and Urban Affairs, and Federal financial regulators. Prior to her time at OMB, Ms. Kraninger served in leadership positions at the Department of Transportation and the Department of Homeland Security, as well as having served on the staff of several congressional committees, including on the Senate Appropriations Committee. As Director of the Bureau, Ms. Kraninger would be charged with overseeing the market for consumer financial products and services, enforcing many Federal consumer financial laws, and protecting consumers.…
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