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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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NEWSLETTERS & ALERTS
Newest Federal Regulator Adds Staff
November 15, 2011
The Consumer Financial Protection Bureau is going through a growth spurt. It just announced 8 new hires, who will fill senior leadership spots, ranging from top lawyers to the bureau’s chief financial officer.
The agency’s top spot remains vacant, although President Obama nominated Richard Cordray to lead the agency as CFPB's Enforcement Chief. Most Republicans have vowed to block the nomination, unless the director’s powers are constrained.
Among those just hired:
Nicholas Rathod. CFPB's assistant director for intergovernmental and international matters. Recent White House official and past adviser to former NY Governor Eliot Spitzer.
Roberto Gonzalez. deputy general counsel. Former special assistant to President Obama.
Stephen Agostini. CFO. Role he previously held at another federal agency, the U.S. Office of Personnel Management.
The agency was created as a mandate of the Dodd-Frank Reform Act. It currently oversees banks and most other large lenders, but needs Congress to approve a director before it can police payday lenders, debt collectors and other lightly regulated firms. [dealbook 11/15/11]

