Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
McKernan spent much of the day assuring Democrats on the committee of his qualifications and intentions for the embattled agency.

What Jonathan McKernan wouldn’t say about the CFPB

The Trump administration nominee to lead the Consumer Financial Protection Bureau told the Senate Banking Committee more than once today he would “follow the law” atop the watchdog. But it’s the questions he didn’t quite answer that will stick with Senate Democrats.

Jonathan McKernan spent much of the day assuring Democrats on the committee of his qualifications and intentions for the embattled agency. But on the questions of consumer restitution and CFPB’s continued existence, McKernan’s answers were carefully curtailed.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Presented by the Software in Defense Coalition

A commercial-first strategy ensures the best technology reaches our warfighters faster and at scale. Our members unite to drive policy change and deliver cutting-edge solutions.

 

Join us. Compete. Innovate. Win.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.