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Expert Analysis

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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