Kathleen Kraninger, President Trump's nominee to be director of the Bureau of Consumer Financial Protection, moved a step closer to assuming the post with the Senate Banking Committee's August 23 vote to send her nomination to the full Senate. The vote was 13-12, along party lines. Kraninger, who currently serves an associate director at the Office of Management and Budget, would succeed acting CFPB director Mick Mulvaney, who also serves as OMB director. No date has been set for a vote in the Senate, and nominations are currently backlogged in the Senate. But with no Republicans having raised objections to her nomination, she seems to have a good chance of winning confirmation to a five-year term as CFPB director.