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US Senate panel votes to advance Trump pick for consumer watchdog

By Thomson Reuters Sep 17, 2026 | 9:33 AM

WASHINGTON, Sept 17 (Reuters) – A U.S. Senate panel on Thursday voted along party ​lines to advance President ‌Donald Trump’s nomination of Capital One executive Brian Johnson to lead the Consumer Financial Protection Bureau, ‌setting ​up a vote ⁠by the full ⁠Senate.

The Republican-led Senate Banking Committee voted 13-11 to approve Johnson’s nomination over Democratic objections ​that he is too close to the industry he ⁠would be ⁠expected to oversee and ​that the White House put forward ​his name after initially seeking ‌to destroy the CFPB outright.

It was not immediately clear when the full Senate ⁠could take up Johnson’s nomination. However, the Trump administration has said it ⁠paused ‌previous plans to fire ⁠the vast majority ​of ‌CFPB staff to allow ​Johnson, who ⁠served as the CFPB’s deputy director during the first Trump administration, to consider whether to pursue them.

(Reporting by Douglas Gillison ​in Washington)