Banking trade groups uniformly support the nomination of former CFPB executive Brian Johnson to head the bureau.
“Brian has a distinguished track record in bank regulatory policy both at the Bureau and on Capitol Hill, and he will bring a thoughtful approach to setting the Bureau’s priorities in the years ahead if confirmed,” said Rob Nichols, President/CEO of the American Bankers Association. “The Bureau upholds its consumer protection mission best when it operates within its statutory authority, promotes responsible innovation and pursues regulations that are appropriately tailored and applied evenly to all market participants.”
Johnson previously served in senior leadership positions at the Bureau from December 2017 until March 2020, during the first Trump Administration. His tenure included serving as Acting Deputy and then Deputy Director for a majority of that period. He has also served in a key policy and legal role on Capitol Hill as Chief Financial Institutions Counsel of