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CFPB, amid controversy, names new advisory committees

Joe Mont | September 10, 2018

The Consumer Financial Protection Bureau has announced the appointment of new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council.

The Bureau’s advisory committees include representatives from industry, academia, and consumer advocacy organizations who advise and inform it of potential emerging threats, providing advice to the CFPB’s leadership on a broad range of consumer financial issues and emerging market trends.

“These experts are highly talented individuals in consumer finance markets, and we look forward to working closely with them throughout their service,” said Acting Director Mick Mulvaney.

The Dodd-Frank Act charges the Bureau with establishing a Consumer...

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