Jonathan McKernan nominated for Treasury role, out as CFPB nominee
Friday, May 9th, 2025
While awaiting Senate confirmation to lead the Consumer Financial Protection Bureau (CFPB), Jonathan McKernan was nominated by President Donald Trump for a key role at the U.S. Department of the Treasury, according to Treasury Secretary Scott Bessent.
According to Law360, a spokesperson for the White House later confirmed that McKernan’s nomination with the CFPB will not proceed.