President Donald Trump has nominated Brian Johnson to be the next permanent director of the Consumer Financial Protection Bureau (CFPB). Multiple outlets report that the White House announced the nomination as part of Trump’s second-term plans. Johnson previously served in the CFPB during Trump’s first term and is described as a former senior official, including time as the agency’s deputy director or a senior CFPB executive.
After leaving the CFPB in 2020, Johnson moved into the private sector. The reports say he has worked at Patomak Global Partners and more recently held a senior executive role at Capital One. One outlet also states that Johnson is an executive at Capital One and that he is awaiting Senate confirmation for the permanent director role.
Several accounts characterize the nomination as a return to experienced CFPB leadership, while acknowledging Johnson’s later industry background. The nomination is expected to proceed through the Senate confirmation process before he could take office.