President Biden has named Dave Ueijo, the chief strategy officer at the Consumer Financial Protection Bureau as the Bureau's acting director. Kate Berry's American Banker story here (may be behind paywall). Excerpt:
“He’s a great interim pick and he doesn’t regard the role as simply a caretaker," said [former CFPB Director Richard] Cordray. "He knows there are important things they need to be doing including focusing on the needs of people affected by the pandemic.”
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Ueijo plans to focus on ways the CFPB can address racial and economic inequality.
“Black, Brown, and Native American communities in particular have borne a disproportionate share of the impacts of COVID,” Ueijo said in the memo [to CFPB staff].