"We applaud President Trump's nomination of Brian Johnson to serve as the next director of the CFPB. Brian has a distinguished track record in bank regulatory policy both at the Bureau and on Capitol Hill, and he will bring a thoughtful approach to setting the Bureau's priorities in the years ahead if confirmed. The Bureau upholds its consumer protection mission best when it operates within its statutory authority, promotes responsible innovation and pursues regulations that are appropriately tailored and applied evenly to all market participants. We look forward to the confirmation process and learning more about Brian's plans for the CFPB moving forward."
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About the American Bankers Association
The American Bankers Association is the voice of the nation's $26.1 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.5 trillion in deposits and extend $13.7 trillion in loans.