Home >> Daily Dose >> Mulvaney Appoints Brian Johnson as BCFP Deputy Director
Print This Post Print This Post

Mulvaney Appoints Brian Johnson as BCFP Deputy Director

Within days of Leandra English, Deputy Director of the Bureau of Consumer Financial Protection (BCFP),  announcing her plan to step down from the post, the BCFP has announced her successor. Acting Director Mick Mulvaney announced that he had appointed BCFP's current Principal Policy Director, Brian Johnson as Deputy Acting Director.

“Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” Mulvaney said in a statement. “Brian knows the Bureau like the back of his hand. He approaches his role as a public servant with humility and unsurpassed dedication. His steady character, work ethic, and commitment to free markets and consumer choice make him exactly what our country needs at this agency.”

On Friday, English had announced that she was stepping down from her post as Deputy Director of the Bureau and dropping her lawsuit that she had filed against the bureau challenging Mulvaney's position as Acting Director. In November 2017, English, who was then Deputy Director at the bureau had challenged Mulvaney's appointment saying that the Dodd-Frank Act specified that the Deputy Director should step in as interim head.

Last week, she said that she was dropping her legal battle for the role following the nomination of Kathy Kraninger as a permanent director of BCFP. "I will be stepping down from my position at the Consumer Financial Protection Bureau early next week, having made this decision in light of the recent nomination of a new director," English had said in a statement on Friday through her attorney. "It has been an honor to work alongside you."

Explaining why English was also dropping the lawsuit, her attorney Deepak Gupta had said in a statement, "Now that President Trump has decided to seek Senate confirmation of a new Director for the independent Consumer Financial Protection Bureau, Ms. English is stepping down and we intend to file court papers on Monday to bring the litigation to a close."

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

When Cyber Breaches Run Rampant

As the real estate industry becomes a prime target for cyber attacks, here’s how lenders can safeguard consumer information from hackers and fraudsters.


With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.