McKernan, CFPB Steal the Spotlight at Senate Hearing

Also, SEC formally dismisses Coinbase enforcement case; ex-Rep. Luetkemeyer to lead investor advocacy group; new Treasury staff

Sponsored by MFA, the trade association for the global alternative asset management industry.

It was largely the Jonathan McKernan show today at the Senate Banking Committee. The CFPB director nominee pretty much sailed through his confirmation hearing, parrying Democratic attacks and basking in praise from Republicans who touted his credentials and plan…