CFPB appoints Johnson acting deputy director

The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director. “Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” said Mick Mulvaney, acting director of the organization, in a statement. “Brian […]

The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director.

“Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” said Mick Mulvaney, acting director of the organization, in a statement. “Brian knows the Bureau like the back of his hand. He approaches his role as a public servant with humility and unsurpassed dedication. His steady character, work ethic and commitment to free markets and consumer choice make him exactly what our country needs at this agency.”

The announcement comes days after the departure of Leandra English, who was chosen as deputy director by Richard Cordray upon his resignation. Her appointment was met with opposition from President Trump, who chose Office of Management and Budget (OMB) Director Mulvaney for the post. The conflict generated internal strife, with both reporting to work, and English filing suit. On Friday, she announced she is ceasing litigation, and leaving the organization.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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