Banking Attorney McKernan Confirmed to US Domestic Finance Job

Jonathan McKernan, an attorney who specialized in banking and consumer financial laws, has won US Senate confirmation to the top domestic finance job at the Treasury Department.

McKernan was first nominated by President Donald Trump to take the helm of the Consumer Financial Protection Bureau, but the administration shifted in May to tap him to become Treasury undersecretary for domestic finance. He had been working as an adviser at the Treasury, leading meetings with the Federal Reserve and other bank agencies.

Jonathan McKernan

Photographer: Al Drago/Bloomberg

“He will play an instrumental role in strengthening our economy by clawing back the government overreach and excess ...