Ex-FDIC official McKernan nominated as new CFPB director
New director may ‘limit bureau’s impact on the marketplace,’ expert says
Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new director to lead the agency. Trump nominated former Federal Deposit Insurance Corp. board member Jonathan McKernan to be the next director of the CFPB for five years, according to a letter sent to the Senate on Feb. 11. McKernan […]
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