Senior Staff Moves at CFPB

The CFPB has announced several major hires and moves. The New York Times Dealbook has the story here.

Leonard Chanin, the outgoing head of Regs will be replaced, at least temporarily, by his deputy, Kelly Cochran. Kelly was part of the original Dodd-Frank team at the Treasury Department and has been with the Bureau since its beginning, before which she was an associate at Wilmer Hale.

Another Wilmer veteran, longtime New York partner Chris Lipsett, joins the Bureau as Senior Counsel in the Office of the Director. Chris is a very well respected and thoughtful banking lawyer; I ran into him at a New York City Bar event a few months ago and was pleasantly surprised to hear how excited he was about the Bureau and its mission.

And from the other side of the aisle, Delicia Reynolds Hand, the legislative director of the National Association of Consumer Advocates, has joined the Bureau as the staff director of the Consumer Advisory Board.

Finally, in the General Counsel's Office, Steve Van Meter, assistant GC for policy, consumer law expert, and longtime veteran of the OCC, moves up to Deputy General Counsel.