Trump Nominates Brian Johnson to Lead CFPB

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On June 10, President Donald Trump nominated Brian Johnson to serve as the next Director of the Consumer Financial Protection Bureau (CFPB). Johnson previously served as the CFPB’s Deputy Director during the first Trump administration and currently works as a compliance executive at Capital One. His nomination is subject to confirmation by the U.S. Senate, though the timing of a confirmation hearing and full Senate consideration remains uncertain. The Senate is scheduled to be in session for approximately 30 more legislative days before beginning its extended summer recess on August 10, which runs through September 11. As a result, it is unclear whether the Senate will have sufficient time to consider Johnson’s nomination before the recess begins.

As previously reported, the CFPB recently appointed Chief Legal Officer Mark Paoletta as Deputy Director. Under the Federal Vacancies Reform Act, Paoletta would be eligible to serve as acting Director upon the departure of current acting Director Russell Vought, whose authority to lead the agency under the Act expires on August 1. Paoletta could then remain in the acting role until the Senate confirms Johnson.

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