Sen. Elizabeth Warren, ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement criticizing President Donald Trump’s nomination of Brian Johnson to serve as director of the Consumer Financial Protection Bureau. She argued the nomination would continue Russ Vought’s approach at the agency and framed it as an effort to weaken the bureau. Warren said Vought can no longer legally serve at the CFPB starting in August. She also pointed to the CFPB’s record of returning more than USD 21 billion to consumers and said the administration is favoring large banks and corporations over consumers.