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White House to nominate former FDIC board member McKernan to lead CFPB, Punchbowl reports

ReutersFeb 12, 2025 1:48 AM

- The White House plans to nominate former FDIC director Jonathan McKernan to serve as the full-time director of the U.S. Consumer Financial Protection Bureau, Punchbowl News reported on Tuesday.

Punchbowl, citing to unidentified sources and a document sent to the Senate, also reported the White House has selected Jonathan Gould to lead the Office of the Comptroller of the Currency.

News of a full-time replacement for OMB Director Russell Vought, who is serving as the acting CFPB director, comes a day after McKernan announced his departure from the Federal Deposit Insurance Corporation.

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