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Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of ...
U.S. Department of the Treasury Secretary Scott Bessent announced on May 9, 2025, that Jonathan McKernan has been selected by President Donald ...
On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve as the Undersecretary of Domestic Finance. McKernan had been awaiting Senate ...
Now that he’s nominated for a key role at Treasury, it’s unclear whether McKernan’s CFPB nomination can or will proceed.
An internal Consumer Financial Protection Bureau memo outlining a significant retreat from enforcing consumer protection laws has added more uncertainty ... Trump's nominee to be the next CFPB ...
Selden said his clients are “still proceeding as if it’s the old CFPB,” due to ongoing uncertainty, while simultaneously revisiting regulations to ensure compliance, particularly at the ...
The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like ...