FROM YOUTUBE. MASSACHUSETTS IS AMONG 21 STATES SUING THE TRUMP ADMINISTRATION OVER ATTEMPTS TO DEFUND THE CONSUMER FINANCIAL PROTECTION BUREAU, THE ATTORNEY GENERAL’S OFFICE SAYS THE OFFICE OF MANAGEMENT AND BUDGET IS REFUSING TO REQUEST FUNDING FOR THE BUREAU FROM THE FEDERAL RESERVE. WITHOUT THAT, THE CFPB WILL RUN OUT OF MONEY BY NEXT MONTH. MASSACHUSETTS SENATOR ELIZABETH WARREN, ONE OF THE ARCHITECTS OF THE CFPB, WROTE IN A STATEMENT. THE LAWSUIT, QUOTE, UNDERSCORES HOW ILLEGALLY STARVING THE AGENCY OF FUNDING WOULD TURN OFF THE CONSUMER COMPLAINT DATABASE THAT HAS H
President Donald Trump has named Brian Johnson as his choice to be the next director of the Consumer Financial Protection Bureau, turning to a former official who helped run the CFPB during his first term to now run the bureau for the test of his second term in office.Johnson was the deputy director of the bureau under Trump’s first CFPB director, Kathy Kraninger, and was known for being a powerful aide to Kraninger during her tenure who had significant leeway in deciding what the bureau should or should not work on.If confirmed by the Senate, Johnson will inherit a bureau that’s largely been inoperable since Trump came back into office and put his budget director, Russell Vought, in charge on an acting basis. Much of the bureau’s recent activity has directed at unwinding its previous work.
President Donald Trump has named Brian Johnson as his choice to be the next director of the Consumer Financial Protection Bureau, turning to a former official who helped run the CFPB during his first term to now run the bureau for the test of his second term in office.
Johnson was the deputy director of the bureau under Trump’s first CFPB director, Kathy Kraninger, and was known for being a powerful aide to Kraninger during her tenure who had significant leeway in deciding what the bureau should or should not work on.
If confirmed by the Senate, Johnson will inherit a bureau that’s largely been inoperable since Trump came back into office and put his budget director, Russell Vought, in charge on an acting basis. Much of the bureau’s recent activity has directed at unwinding its previous work.
