According to an American Banker report, Chris D’Angelo, the CFPB’s Associate Director of Supervision, Enforcement and Fair Lending, has announced that he is leaving the Bureau to serve in the Office of the New York Attorney General as Chief Deputy Attorney General for Economic Justice.
The current New York Attorney General is Letitia James, who was elected in November 2018. Ms. James is expected to continue the aggressive pro-consumer approach of former NY AG Eric Schneiderman.
Economic Justice is one of five major divisions in the NY AG’s office and consists of the following six bureaus:
- Consumer Frauds & Protection
- Internet and Technology (which also covers privacy and cryptocurrency)
- Investor Protection
- Real Estate Finance
- Taxpayer Protection