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Financial Services Law Insights and Observations

CFPB Announces Senior Staff Changes

CFPB

Consumer Finance

On August 28, the CFPB announced several changes to its senior staff, including the departure of Leonard Chanin who has supervised all of the CFPB’s rulemakings as the Assistant Director for Regulations. Replacing Mr. Chanin on an acting basis is Kelly Thompson Cochran. Ms. Cochran previously served as Deputy Assistant Director, overseeing development of the CFPB’s mortgage and remittance rules. Ms. Cochran has been with the CFPB since its creation as an office within the U.S. Treasury and prior to that was a lawyer in private practice. The CFPB also announced the appointment of Chris Lipsett as Senior Counsel in the Office of the Director, Stephen Van Meter as Deputy General Counsel, and Delicia Reynolds Hand as Staff Director for the Consumer Advisory Board and Councils.