WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing that three experts have been named to senior positions within the Bureau. These positions are: the Assistant Director for the Office of Research; the Assistant Director for the Office of Financial Empowerment; and the Assistant Director for the Office of Installment and Liquidity Lending Markets.
Antonakes had been serving as the acting deputy director of the CFPB. Antonakes will continue to maintain responsibility for his duties as the associate director for supervision, enforcement, and fair lending at the CFPB.
Today, the Consumer Financial Protection Bureau (CFPB) is announcing the addition of several new members to leadership positions within the Bureau. The positions being announced today are: the Assistant Director for the Office of Intergovernmental Affairs; the Assistant Director and Chief Economist for the Office of Research; the Deputy Assistant Director for the Office of Regulations; and the Deputy Assistant Director for the Office of Financial Institutions and Business Liaison.
Prepared Remarks of Richard Cordray on Senate Confirmation as Director of the Consumer Financial Protection Bureau
Today’s action brings added certainty to the industries we oversee and reinforces our responsibility to stand on the side of consumers and see that they are treated fairly in the financial marketplace.
Today the Consumer Financial Protection Bureau (CFPB) is announcing the addition of several members to senior positions within the Bureau. These positions are: the Chief Operating Officer; the Chief of Staff; the Assistant Director for the Office of Older Americans; and the Program Manager for Servicing and Securitization Markets.
The Bureau is a data driven agency, because Congress recognized that the Bureau cannot do its job of protecting consumers and honest businesses unless it understands the consumer financial markets it oversees.
Thank you Chairman McHenry, Ranking Member Green, and distinguished members of the subcommittee for the opportunity to participate in today’s oversight hearing about the Consumer Financial Protection Bureau’s budget and workforce.
The Consumer Financial Protection Bureau (CFPB) today announced several changes and new additions to the Bureau’s senior leadership, including the Assistant Director for Legislative Affairs and the Assistant Director for the newly-created Office of Financial Institutions and Business Liaison.
Statement by CFPB Director Richard Cordray Regarding the Departure of Federal Trade Commission Chairman Jon Leibowitz
The Consumer Financial Protection Bureau is grateful for Chairman Leibowitz’s dedication to protecting consumers. His stalwart leadership and commitment to teamwork have enabled a strong and enduring partnership between the CFPB and the Federal Trade Commission.
As Antonakes assumes this temporary role, he will maintain responsibility for his current duties as the Associate Director for Supervision, Enforcement, and Fair Lending at the CFPB.
We understand that our mission is to stand on the side of consumers – our mothers and fathers, sisters and brothers, sons and daughters – and see that they’re treated fairly. For more than a year, we have been focused on making consumer finance markets work better for the American people.
These 25 experts – drawn from outside the federal government, from around the United States, and from varying backgrounds – will provide advice to me and to the entire Bureau leadership
So from our inception just over a year ago, we have worked to build diversity and inclusion into the fabric of our agency, having grown rapidly to nearly 1,000 people.
The newly appointed board members include experts in consumer protection, financial services, community development, fair lending, civil rights, and consumer financial products or services. They also represent depository institutions that primarily serve underserved communities, and they represent communities that have been significantly impacted by higher-priced mortgage loans.
Among those named are: Acting Assistant Director for Regulations; Senior Counsel in the Office of the Director; Deputy General Counsel; and Staff Director for the Consumer Advisory Board and Councils.
Among those named are: Associate Director for Supervision, Enforcement, and Fair Lending; General Counsel; Senior Advisor and Counselor to the Director; Assistant Directors for the Office of Financial Empowerment and the Office of Financial Education; and Ombudsman.
The Consumer Financial Protection Bureau (CFPB) today announced the selection of Stuart Ishimaru to head the newly established Office of Minority and Women Inclusion (OMWI), which will work to promote diversity at the CFPB and at the financial institutions it regulates.
At the Consumer Bureau, we take this mandate very seriously. We understand how important it is to include women and people of color in our work. And so we have asked Stuart, one of the best in the field, to join our team.
The Dodd-Frank Wall Street Reform and Consumer Protection Act, which created the CFPB, requires that a Consumer Advisory Board be established to advise and consult with the Bureau’s Director on a variety of consumer financial issues.
Consumer Financial Protection Bureau Director Richard Cordray today named Raj Date the agency’s first Deputy Director. Date has been leading the day-to-day operations of the consumer bureau since it launched in July.
The Consumer Financial Protection Bureau (CFPB) today announced the hiring of eight experts for key senior leadership positions within the agency.
Consumer Financial Protection Bureau announces Hubert (“Skip”) Humphrey III to head the Office Of Older Americans
Humphrey has spent much of his professional life working to protect consumers, serving first as a state Senator and later as Attorney General of Minnesota. He has also worked on behalf of seniors as president of the Minnesota AARP and, until recently, served on AARP’s national board.
I am honored to be here today as the nominee for the position of Director of the Consumer Financial Protection Bureau.
Treasury Department Announces Plans for Leadership Transition at the Consumer Financial Protection Bureau
Today, the U.S. Department of the Treasury announced that Raj Date would replace Professor Elizabeth Warren as Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), effective August 1.
The Consumer Financial Protection Bureau (CFPB) today released a report chronicling its work to build the agency from the ground up since the passage last year of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).