Johnson Noncommital on CFPB Funding in Confirmation Hearing
AI Summary
President Donald Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), Capital One executive Brian Johnson , said Thursday (July 23) that he has not decided whether to pursue the administration’s plans to fire most of the regulator’s staff, Reuters reported Thursday. Speaking at a Senate Banking Committee nomination hearing , Johnson said, per the report: “I would pledge to you to have an open mind to take a look at staffing levels with the agency.
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