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Banking And Finance

Jonathan McKernan, the nominee to be director of the Consumer Financial Protection Bureau, received approval from the Senate Banking Committee in a party-line vote Thursday. His nomination now goes to the full Senate.

Congress

Senate Banking backs McKernan’s nomination for CFPB director

Panel also advanced three other nominees

By Mark Schoeff Jr.
Posted March 6, 2025 at 2:34pm

Jonathan McKernan, the nominee to be director of the Consumer Financial Protection Bureau, listens to the opening statement of Senate Banking ranking member Elizabeth Warren, D-Mass., at his confirmation hearing Thursday.

Congress

CFPB nominee promises to keep agency open but downsize it

By Mark Schoeff Jr.
Posted February 27, 2025 at 3:28pm
FDIC board member Jonathan McKernan is seen at a House Financial Services hearing on June 12, 2024.

White House

Trump’s choice to lead CFPB, McKernan, left FDIC Monday

By Mark Schoeff Jr.
Posted February 12, 2025 at 6:36pm
A damaged building is pictured Wednesday in the Kurenivka neighborhood of Kyiv after a Russian missile attack. The Russian army attacked Kyiv and Kyiv Oblast with missiles and unmanned aerial vehicles overnight, causing fires to break out in several districts. One person died and four others were injured.

Opinion

Ukraine and the day after a ceasefire

By Bruce Stokes
Posted February 12, 2025 at 4:26pm
Rep. Andy Barr, R-Ky., offered a bill that would fund the CFPB through appropriations.

Chopra’s CFPB exit comes as lawmakers mull changes to its structure

By Mark Schoeff Jr.
Posted February 3, 2025 at 12:36pm
Paul Atkins, left, a Securities and Exchange Commission member from 2002 to 2008, was chosen to lead the agency by President-elect Donald Trump.

Trump picks Paul Atkins, a former commissioner, to lead the SEC

By Mark Schoeff Jr.
Posted December 4, 2024 at 5:42pm, Updated at 6:10pm
Senate Banking ranking member Sen. Tim Scott, R-S.C., right, could take the committee's top job of Republicans win the chamber. Senate Banking Chairman Sherrod Brown, D-Ohio, left, is in a close race whose outcome could set the stage for a new top Democrat.

Scott eyes Banking gavel, NRSC if Republicans take Senate

By Mark Schoeff Jr.
Posted October 31, 2024 at 5:00am
Democratic presidential candidate Kamala Harris and her running mate, Minnesota Gov. Tim Walz, arrive at Chippewa Valley Regional Airport in Eau Claire, Wis., on Wednesday.

Wall Street could be cautious of Walz’s seat on state board

By Mark Schoeff Jr.
Posted August 7, 2024 at 3:47pm
Ohio Sen. JD Vance, the GOP nominee for vice president, is changing the party’s rhetoric on Wall Street and financial services.

Vance says Republicans are done ‘catering to Wall Street,’ puts financial policy in context of social issues

By Mark Schoeff Jr.
Posted July 18, 2024 at 2:29pm
Christy Goldsmith Romero, President Joe Biden’s nominee to chair the FDIC, testifies at her confirmation hearing on Thursday.

FDIC nominee promises ‘complete overhaul’ of agency culture

By Mark Schoeff Jr.
Posted July 11, 2024 at 3:52pm