CFPB Fills Key Posts
WASHINGTON, D.C. — On Wednesday, the Consumer Financial Protection Bureau announced three new appointments to senior positions. Among those is Jeffrey Langer, who will be stepping into the position previously held by Richard Hackett.
In June, CFPB officials announced that Hackett was set to depart the bureau. This came as a blow to the auto finance industry, for which Hackett was considered a key liaison.
Langer, the bureau’s new assistant director of installment and liquidity lending markets in its Research, Markets, and Regulations Division, most recently served as senior counsel at Macy’s Inc. in Mason, Ohio. He has also served as a partner in several law firms, including Jones Day and Dreher Langer & Tomkies.
Additionally, Langer is a founding fellow and treasurer of the American College of Consumer Financial Services Lawyers and a former chair of the Consumer Financial Services Committee of the American Bar Association Business Law Section.
Along with Langer’s appointment, the bureau also selected Daniel Dodd-Ramirez as the assistant director of financial empowerment in the Consumer Education and Engagement Division, and Christopher D. Carroll as the assistant director and chief economist for the Office of Research in the Research, Markets, and Regulations Division. Dodd-Ramirez previously served as the executive director of Step Up Savannah Inc. in Savannah, Ga. Carroll is a professor of economics at Johns Hopkins University, from which he has taken a leave of absence while serving at the Bureau.
“I’m pleased that these incredibly talented individuals have joined the bureau,” CFPB Director Richard Cordray stated in a release. “All three offices play an essential role in making sure that consumers are being treated fairly. These experts will lead the teams that help us monitor the marketplace and provide tangible benefit to consumers.”
Since stepping down this summer, Hackett has accepted a position as partner at Hudson Cook LLP, a nationwide provider of legal compliance services for the financial services industry. He began working out of the firm’s Portland, Maine, office on March 1.
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