CBA Statement on CFPB Director Nomination

WASHINGTON, D.C. – Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today issued the following statement in response to President Donald J. Trump nominating Stuart Levenbach to be Director of the Consumer Financial Protection Bureau (CFPB):

“Congratulations to Stuart Levenbach for his nomination to serve as Director of the Consumer Financial Protection Bureau, which comes at a critical time for consumers and the financial services marketplace.

“America’s leading Main Street banks look forward to continuing to work with the Trump Administration on data-driven, pro-growth policies that will support hardworking Americans and drive the economy forward, while at the same time ensuring the Bureau fulfills its statutory mission and sticks to what Congress authorized it to do. This will not only help restore the trust and credibility of the CFPB, but will benefit consumers, industry, and the broader economy alike.”