While awaiting Senate confirmation to lead the Consumer Financial Protection Bureau (CFPB), Jonathan McKernan was nominated Friday by President Donald Trump for a key role at the U.S. Department of the Treasury, according to Treasury Secretary Scott Bessent.

Bessent said in an announcement that the president’s intention is to nominate McKernan as the Treasury department’s undersecretary of domestic finance.

While awaiting Senate confirmation for the role of CFPB director, McKernan has been serving as an adviser to the Treasury department and has “become an integral part details ⇒

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