MBA Statement on the Nomination of Jonathan McKernan as CFPB Director

WASHINGTON, D.C. (February 13, 2025) — MBA's President and CEO Bob Broeksmit, CMB, released the following statement on Jonathan McKernan's nomination to serve as Director of the Consumer Financial Protection Bureau (CFPB): 

"MBA congratulates Jonathan McKernan on his nomination to serve as Director of the CFPB. 

"His deep experience as a regulator, in private practice, and on Capitol Hill – coupled with his background working on housing policy – make him a strong choice to lead the CFPB's new direction under the Trump administration.  

"MBA looks forward to working with him and his staff to ensure that the agency operates within its statute to protect consumers in a manner that is transparent, fair, and supports competitive markets for financial products, including mortgages."