DCUC Statement on Senate Banking Committee Advancement of Brian Johnson’s CFPB Nomination
By DCUC Staff —
WASHINGTON, DC – The Defense Credit Union Council (DCUC) issued the following statement following the Senate Banking, Housing, and Urban Affairs Committee’s 13–11 vote to advance President Trump’s nomination of Brian Johnson to serve as Director of the Consumer Financial Protection Bureau (CFPB) to the full Senate.
“We welcome the Senate Banking Committee’s advancement of Brian Johnson’s nomination and the continued process toward new leadership at the Consumer Financial Protection Bureau. The CFPB plays an important role in protecting consumers, and its policies have a direct impact on credit unions’ ability to serve their members,” states DCUC President/CEO, Anthony Hernandez, Ret. U.S. Air Force Colonel. “Credit unions need a CFPB that is focused on its core mission while recognizing the unique role credit unions play in their communities,” adds Jason Stverak, DCUC Chief Advocacy Officer. “We look forward to working with CFPB leadership on a practical, balanced regulatory approach that protects consumers, provides greater clarity for credit unions, supports responsible innovation, and avoids unnecessary burdens that can make it harder to deliver affordable financial services. We will continue advocating for policies that strengthen consumer financial protections while preserving credit unions’ ability to meet the evolving needs of their members nationwide.”
1627 Eye Street, NWSuite 935Washington, DC 20006202.734.5007[email protected]
ALERT NewsletterArmed Forces Financial NetworkFinancial Education ResourcesVeterans Benefits Banking Program
Copyright Defense Credit Union Council. All Rights Reserved.
Originally reported by DCUC.