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Trump names former CFPB official Brian Johnson to be agency’s next permanent director

The former deputy director would take over an agency the White House is trying to shrink, with funding set to run out next month, officials said.

  • President Donald Trump on Wednesday nominated Brian Johnson to lead the Consumer Financial Protection Bureau, tapping the former official to direct the federal watchdog for the remainder of his second term.
  • Acting director Russell Vought has led the bureau since Trump took office, overseeing extensive efforts to dismantle its regulations and unwind previous work, leaving the watchdog largely inoperable.
  • Formerly a deputy under Kathy Kraninger, Johnson now serves as a senior executive at Capital One and is a vocal conservative critic of the CFPB's financial independence and regulatory authority.
  • The Consumer Bankers Association welcomed the nomination, citing Johnson's "tenured background" in policy, while Democrats and agency defenders argue that weakening the watchdog serves industry interests at consumers' expense.
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Trump names former CFPB official Brian Johnson to be agency’s next permanent director

·New York, United States
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Associated Press NewsAssociated Press News
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Trump names former CFPB official Brian Johnson to be agency's next permanent director

President Donald Trump is naming Brian Johnson as his choice for the next director of the Consumer Financial Protection Bureau.

·New York, United States
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The White House broke the news in Washington, United States on Wednesday, June 10, 2026.
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