Entrance to the CFPB headquarters. Entrance to the CFPB headquarters. (Source: Shutterstock)

Charging that CFPB Director Kathy Kraninger has stacked on a new Task Force on Federal Consumer Financial Law with people who want the gut the agency, two Democratic senators are demanding that Kraninger suspend the group’s work.

“Indeed, the members you selected make clear that the Taskforce is just a pretext to gut regulations and protections for consumers,” Senate Banking ranking Democrat Sherrod Brown of Ohio and Sen. Elizabeth Warren (D-Mass.) wrote in a letter to the director.

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