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Industry insiders bullish on latest CFPB director nominee
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Friday, February 14, 2025
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In the two weeks since Rohit Chopra’s removal from the director’s chair at the Consumer Financial Protection Bureau, President Donald Trump has named three different individuals to lead the embattled agency.
The third, Jonathan McKernan, is the administration’s pick to run the bureau for the foreseeable future following short but eventful temporary stints by U.S. Treasury Secretary Scott Bessent and Office of Management and Budget Director Russ Vought, who will likely remain in the acting director role until McKernan is confirmed by the Senate.
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