CFPB Director Nominee Brian Johnson 2023 testimony gives clues as to his views

Back in 2023, Brian Johnson testified before the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy during a hearing on the CFPB. The testimony offers clues as to what Johnson thinks. It includes a long list of items where Johnson seems to think the Bureau had gone astray. I picked out four […]

Trump names Brian Johnson to lead CFPB

American Banker’s Kate Berry has the story here. Johnson served as former CFPB director Kathy Kraninger’s second-in-command during the first Trump administration. It remains to be seen whether he is more like Vought or Kraninger or goes in a different direction but I can’t say I’m optimistic.

Consumers’ “right to repair”

From a post on The Regulatory Review: “When a printer malfunctions beyond the scope of a quick fix, or a smartphone screen cracks beyond use, consumers often have few options. Many manufacturers restrict who may repair the products they make and market, authorizing only a select few technicians. Such restrictions may subject consumers to longer […]

“Tort Reform” Groups, 2026 Update

The Center for Justice & Democracy has issued Civil Justice Skewed: The Groups and the Billions Spent Advocating for “Tort Reform.” The study provides “a comprehensive overview of the organizations working in 2026 to limit the legal rights of injured parties, updating [CJ&D’s] prior research in a field that has expanded considerably in recent years.” […]

Sens. Blumenthal and Warren, and Rep. H. Johnson call on BofA to drop new forced arbitration provision

Yesterday, U.S. Senators Richard Blumenthal (D-CT) and Elizabeth Warren (D-MA) and Congressman Hank Johnson (D-GA) wrote to Bank of America CEO Brian Moynihan, calling on the bank to immediately remove its recently added forced arbitration agreement, hamstringing consumers’ legal rights and denying them the ability to hold corporations accountable. “The new forced arbitration provision will […]

Interview with former CFPB Policy Fellow Amelia O’Rourke-Owens

At Ballard Spahr’s Consumer Finance Monitor podcast. From the episode description: Amelia advances a bold thesis in her article: that consumer protection law, and particularly consumer financial protection law, may be the most impactful body of law in the United States. She further argues that the strength of consumer protection laws may serve as a […]