Senate Panel Advances CFPB Nominee Brian Johnson
A United States Senate committee voted to advance Brian Johnson to lead the Consumer Financial Protection Bureau. The Republican-backed nomination moved forward along party lines despite Democratic opposition.
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A United States Senate panel voted 13-11 on Thursday afternoon to advance Brian Johnson, an executive at CAPITAL ONE FINANCIAL CORP, to lead the Consumer Financial Protection Bureau. The party-line vote sets up a full Senate confirmation process for the nominee. Democratic lawmakers objected to the selection, arguing that Johnson maintains overly close ties to the banking sector he is slated to oversee.
