Nomination news: The White House plans to nominate Jonathan McKernan to lead the Consumer Financial Protection Bureau, Jonathan Gould will be nominated to lead the Office of the Comptroller of the Currency and a16z crypto’s Brian Quintenz will chair the Commodity Futures Trading Commission.
We scooped the news and this nomination document that was sent to the Senate Tuesday night.
Speaking of CFPB: The federal consumer watchdog agency is now several days into a profound legal crisis and internal turmoil, leaving much of the industry it regulates in the lurch.
You wouldn’t know it from most banks’ representatives in Washington.
