RSSPresident Donald Trump nominated financial executive Brian Johnson to be director of the Consumer Financial Protection Bureau.
Johnson was CFPB acting deputy director from 2018-20. He is credited with leading the creation of the CFPB’s Office of Innovation, Taskforce on Federal Consumer Financial Law, policy symposia series and emergency savings program, Start Small, Save Up.
If confirmed by the Senate, Johnson would be appointed to a five-year term. He would replace Russell Vought, who has led the agency as acting director since February 2025. Johnson would take the reins as the bureau remains in operation but has been significantly downsized since Trump took office in 2025. The administration has cut the CFPB’s budget in half, with most previous enforcement actions against large banks having been dismissed.
Johnson is a senior executive at Capitol One. He was previously managing director in the banking supervision and regulation group at Washington, D.C.-based financial consulting firm Patomak Global Partners.
The Consumer Bankers Association supported Johnson’s nomination. “America’s leading Main Street banks look forward to engaging with Director-designate Johnson on policies that provide certainty and create a more durable, stable CFPB where the bureau meets its mission of consumer protection in a manner consistent with its congressional mandate,” according to CBA.
