Trump nominates Jonathan McKernan as director of CFPB

President Donald Trump has nominated Jonathan McKernan as the new director of the Consumer Financial Protection Bureau (CFPB), a major move in the administration’s broader government restructuring. McKernan’s nomination has been sent to the Senate for … Continue reading

Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading