Kathleen ‘Kathy’ Kraninger

June 18, 2018 Leadership 0

INFO, BACKGROUND ON KATHLEEN 'KATHY' KRANINGER

BIRTH DATE	Dec. 28, 1974
POSITION	Director, Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB); confirmed by Senate Dec. 6, 2018; five-year term, ending December, 2023
EDUCATION	B.A., Marquette University, magna cum laude/Phi Beta Kappa, (1993-97); J.D. Georgetown University Law Center (2003-07)
EXPERIENCE	Government: March 2017 to December 2018: Office of Management and Budget (OMB), Program Associate Director for General Government 2013-17: Senate Appropriations Subcommittee on Homeland Security 2011-13: House Appropriations Subcommittee on Homeland Security Previously: Senate Homeland Security and Governmental Affairs Committee U.S. Department of Transportation U.S. Department of Homeland Security Volunteer, U.S. Peace Corps, Ukraine

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Future of overdraft rule may be inching toward resolution, bureau regulatory agenda suggests

November 20, 2019 0

Overdraft protection may be coming up again soon at the federal consumer financial protection agency – but it’s not clear precisely when, according to the fall 2019 rulemaking agenda posted by the agency Wednesday. The Consumer Financial Protection Bureau (CFPB) [...]
Agencies OK SunTrust/BB&T merger – but at cost of consent order for ‘unfair, deceptive practices,’ shedding branches, deposits

November 19, 2019 0

The merger between two banking giants from North Carolina and Georgia was approved by two federal banking agencies Tuesday – but it came at the cost of divestiture of branches and north of $2.4 billion in deposits, and a consent [...]
NCUA general counsel McKenna retires, board appoints Kressman acting GC

November 20, 2019 0

Mike McKenna, general counsel for the National Credit Union Administration since 2011, has retired from the agency and will be replaced in “acting” capacity by Frank Kressman while a search for a replacement proceeds, the agency said Wednesday. McKenna joined [...]
NCUA budget briefing over, but comments will be taken until Dec. 2

November 20, 2019 0

A Dec. 2 comment deadline is the next item in the timeline toward eventual approval of the 2020-2021 budget for the National Credit Union Administration (NCUA). The agency held a public briefing on the proposed budget – $347.7 million in [...]
OCC delays OREO rule effective date to January to comply with 1994 reg improvements law

November 20, 2019 0

A final rule issued in October on other real estate owned (OREO) by national banks and federal savings associations (FSAs) will take effect Jan. 1, 2020, instead of Dec. 1, 2019, the Office of the Comptroller of the Currency (OCC) [...]
Bureau wants to hear about effectiveness of integrated disclosures required under TRID rule

November 20, 2019 0

Addressing the effectiveness of integrated disclosures required under federal regulations for real estate transactions is the subject of an assessment to be conducted by the federal consumer financial protection agency, the agency said Wednesday. In a release, the Consumer Financial [...]
Fed raises Reg D reserve exemption amount to $16.9 million, ups low reserve tranche, for 2020

November 20, 2019 0

The reserve requirement exemption and low reserve tranche established under the Federal Reserve’s Regulation D and applied to banks, savings associations, and credit unions are being adjusted upward by about 4.3% and 3.4%, respectively, for the coming year, the central [...]

Kathleen ‘Kathy’ Kraninger

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Future of overdraft rule may be inching toward resolution, bureau regulatory agenda suggests

Agencies OK SunTrust/BB&T merger – but at cost of consent order for ‘unfair, deceptive practices,’ shedding branches, deposits

NCUA general counsel McKenna retires, board appoints Kressman acting GC

NCUA budget briefing over, but comments will be taken until Dec. 2

OCC delays OREO rule effective date to January to comply with 1994 reg improvements law

Bureau wants to hear about effectiveness of integrated disclosures required under TRID rule

Fed raises Reg D reserve exemption amount to $16.9 million, ups low reserve tranche, for 2020