McKernan-Led CFPB May Lead To Decentralized Enforcement

By Jonathan Pompan ( March 27, 2025, 2:26 PM EDT) -- The confirmation process for Jonathan McKernan as the next director of the Consumer Financial Protection Bureau is moving forward, with his nomination clearing the U. S. Senate Banking Committee on March 6 and now awaiting a full Senate vote. While McKernan's testimony offered only limited insights into his policy priorities, his confirmation would mark a pivotal shift for the bureau to the extent the bureau may still exist. . . .

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