CFPB Deputy Director Mark Paoletta has become the Bureau’s Acting Director following the expiration of Russell Vought’s service as Acting Director on August 1. Under the Federal Vacancies Reform Act, Vought could serve as Acting Director only for a limited period.
President Trump has nominated Brian Johnson to serve as the CFPB’s next Director, but the Senate Committee on Banking, Housing, and Urban Affairs has not yet voted on his nomination. The Committee held Johnson’s confirmation hearing on July 23 and gave him until the end of July to respond to written questions submitted by Senators. At this time, Johnson’s responses to those questions are not publicly available. Until the Senate confirms Johnson and he is sworn into office, the Bureau will continue to operate under acting leadership.