Ohio State Representative Jonathan Dever Seen as a Top Candidate for CFPB Director

by Jeff Sovern

So reports Ian MacKendry in the American Banker. The article says that Dever's candidacy is being pushed by Rep. Steve Stivers, R-Ohio, a member of the House Financial Services Committee and the National Republican Campaign Committee. As is usual in such matters, no sources are identified, though a couple of administration insiders are mentioned in the article in other contexts. It is thus very difficult to know how seriously the administration is taking this suggestion.  Indeed, it is not even clear whom the president is seeking advice from on this matter. Meanwhile, Allied Progress reports that the financial industry (including insurance and real estate) has donated nearly $80K to Dever, and that payday lenders alone have donated nearly $30K

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