Jonathan McKernan, while awaiting his Senate confirmation for CFPB director, continues to serve as an adviser in the Treasury department. Despite speculation regarding his candidacy for the CFPB role, recent indications suggest he might not be in the running anymore. Some former executives noted that McKernan might not have been consulted on recent important decisions, contributing to fears that he could withdraw his name from consideration. Observers believe his presence would benefit both the CFPB and Treasury's operations, noting his expertise as vital for advancing critical agendas.
When reached on Friday, Dworkin added that Treasury will benefit from the addition of McKernan to such a key role. The CFPB's loss is the treasury secretary's gain.
If you care about the mission of the CFPB, you want a guy like Jonathan McKernan in there as soon as possible, said David Dworkin.
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