Trump Names 2 New Top Financial Regulators

President Trump named Jonathan McKernan as the director of the Consumer Financial Protection Bureau and Jonathan Gould as comptroller of the currency, amidst turmoil at the agency following Russell Vought’s appointment as acting director. McKernan resigned from the Federal Deposit Insurance Corporation and Gould previously worked at a law firm representing Trump’s campaigns. The firings of probationary employees at the consumer bureau, despite legal grounds for retention cited by former general counsel Seth Frotman, sparked controversy and concern over the agency’s future.

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