MBA Statement on Senate Committee Advancing Brian Johnson’s Nomination at CFPB

MBA President and CEO Bob Broeksmit, CMB, released the following statement after the Senate Banking Committee’s advancement of Brian Johnson’s nomination to serve as Director of the Consumer Financial Protection Bureau (CFPB):

“MBA supports the Senate Banking Committee’s approval of Brian Johnson’s nomination to lead the CFPB and urges the full Senate to confirm him.

“Johnson’s years of experience at the Bureau, combined with his deep understanding of consumer financial services and mortgage markets, position him to provide the strong leadership needed to ensure the CFPB fulfills its mission while advancing the Administration’s efforts to modernize mortgage regulations, lower costs, and promote a more efficient and accessible housing finance system.

“We look forward to partnering with Brian Johnson and his team to pursue practical reforms that improve regulatory certainty, encourage innovation in mortgage lending, and help make homeownership more attainable for creditworthy borrowers.”

Go deeper: Read MBA’s August 2026 letter to the Bureau in response to its Request for Information seeking input on reforms to the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) and the combined TILA/RESPA Integrated Disclosure Rule (TRID Rule).