Mulvaney appoints top aide as consumer bureau acting No. 2

Mulvaney appoints top aide as consumer bureau acting No. 2
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Acting Consumer Financial Protection Bureau (CFPB) Director Mick MulvaneyJohn (Mick) Michael MulvaneyMulvaney told Trump officials their 'highest priority' will be deregulation: Axios High stakes as Trump, Dems open drug price talks Trump declares national emergency at border MORE on Monday promoted a top aide to be the agency’s acting deputy chief.

The CFPB announced Monday that Mulvaney had appointed Brian Johnson to be the agency’s acting deputy director. Johnson had previously served as the CFPB’s principal policy director. He had been hired by Mulvaney last year to rein in and rebrand the controversial regulator.

Mulvaney said Johnson, the first person he hired to the bureau, has been an “indispensable advisor,” that “knows the Bureau like the back of his hand.”

“He approaches his role as a public servant with humility and unsurpassed dedication,” Mulvaney said in a statement. “His steady character, work ethic, and commitment to free markets and consumer choice make him exactly what our country needs at this agency.”

Johnson was a top aide to Rep. Jeb HensarlingThomas (Jeb) Jeb HensarlingThe next two years of federal housing policy could be positive under Mark Calabria Why Ocasio-Cortez should make flood insurance reform a priority Exiting lawmakers jockey for K Street perch MORE (R-Texas), the chairman of the House Financial Services Committee. Hensarling led House Republican efforts to investigate the CFPB, gut the agency’s powers and impose congressional oversight over the regulator designed to be independent from lawmakers’ whims.

Mulvaney also hired Kirsten Sutton Mork, another former Hensarling aide, to be his chief of staff at the CFPB.

President TrumpDonald John TrumpMcCabe says he was fired because he 'opened a case against' Trump McCabe: Trump said 'I don't care, I believe Putin' when confronted with US intel on North Korea McCabe: Trump talked to me about his election victory during 'bizarre' job interview MORE has nominated Kathy Kraninger, an associate director at the Office of Budget and Management, to be the CFPB’s permanent director. While Mulvaney will be forced to leave the bureau once a replacement is confirmed, Johnson could stay at the pleasure of the new director.

Johnson steps into the role vacated Monday by Leandra English, the former CFPB deputy director, who had sued Trump and Mulvaney for control of the bureau.

Mulvaney said in a statement that “I really cannot comment on Leandra English’s work at the Bureau, as I never actually met her.”

English typically worked out of a CFPB office near the Capitol during Mulvaney’s stint at the bureau’s headquarters near the White House.

English was appointed to be the CFPB’s deputy director by former bureau chief Richard CordrayRichard Adams CordrayOn The Money: Consumer bureau proposes scrapping borrower safeguards from payday loan rule | Negotiators running out of time to avert shutdown | Trump nominates World Bank critic as its next chief Consumer bureau proposes scrapping borrower safeguards from payday loan rule Supreme Court should do what Congress won’t: Rein in the Bureau of Consumer Financial Protection MORE moments before he resigned from the agency in November. Cordray’s promotion of English, his former chief of staff, put her in line to be the CFPB’s acting chief under the Dodd-Frank Act, which created the bureau.

Trump appointed Mulvaney, the White House budget director, to serve as acting chief hours after Cordray’s resignation. English sued Trump and Mulvaney, but a federal district judge ruled that the president had the authority to supercede the CFPB’s line of succession.

English had appealed the verdict to the U.S. Court of Appeals for the District of Columbia Circuit, which heard arguments in the case in April.