ETA Statement on Kathleen Kraninger on her Approval by the Senate Banking Committee

Washington, D.C. – August 23, 2018 – The following can be attributed to Scott Talbott, Senior Vice President, Government Affairs of the Electronic Transactions Association (ETA), on the approval of the Senate Banking Committee of Kathleen Kraninger as the next director of the Bureau of Consumer Financial Protection:

“We congratulate Kathleen Kraninger on her approval by the Senate Banking Committee and encourage the full Senate to approve her nomination.

As the head of the BCFP, we encourage her to continue to balance the needs of consumers, and the companies that serve them, to keep a positive policy environment for the development and deployment of fintech goods and payment services.”