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CFPB Director nominee Brian Johnson won’t endorse eliminating the CFPB
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Consumer Finance Monitor
Consumer Finance MonitorCFPB Director nominee Brian Johnson won’t endorse eliminating the CFPB
Testifying at his confirmation hearing, CFPB Director nominee Brian Johnson declined to endorse efforts to eliminate the agency.Appearing before the Senate Banking, Housing and Urban Affairs Committee, Johnson said, “That is not my intention. The CFPB is a creature of statute.” He added, “My intention is to execute the law.”He said that if he is confirmed, he will enforce the law, which includes the sections of Dodd-Frank dealing with the CFPB.J…
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