On October 30, the CFPB announced changes in two key leadership positions, Assistant Director for the Office of Supervision Policy and Assistant Director for the Office of Enforcement.
Lorelei Salas was named Assistant Director for Supervision Policy and will also serve as the Acting Assistant Director for Supervision Examinations. From 2016 to 2021, Ms. Salas served as Commissioner of the New York City Department of Consumer and Worker Protection. According the CFPB’s press release, under Ms. Salas’s leadership, the New York agency “aggressively pursued corporations that employed unlawful, predatory practices to target low-income and immigrant consumers.” Previously, she was the legal director at Make the Road New York, where she supervised immigration, housing, and employment legal services programs designed to increase access to justice for immigrants and refugees.
Eric Halperin was named Assistant Director for the Office of Enforcement. Most recently, Mr. Halperin was CEO of Civil Rights Corps. From 2010 to 2014, Mr. Halperin served in leadership roles in the Civil Rights Division of the Justice Department, first as Special Counsel for Fair Lending, and later as Acting Deputy Assistant Attorney General overseeing the Division’s fair housing, fair lending, and employment enforcement programs.
Ms. Salas and Mr. Halperin will both report to the Associate Director of Supervision, Enforcement and Fair Lending (SEFL). It has been reported that Dave Uejio, former CFPB Acting Director, will lead SEFL on a temporary basis while his nomination to serve as Assistant Secretary for Fair Housing and Equal Opportunity at HUD is pending.
It has also been reported that Seth Frotman is returning to the CFPB to serve as Acting General Counsel and Senior Advisor. Until 2018, Mr. Frotman served as CFPB Student Loan Ombudsman. He resigned while the Bureau was under the leadership of former Acting Director Mulvaney. In his letter to Mr. Mulvaney tendering his resignation, Mr. Frotman was highly critical of the CFPB’s actions in the student loan arena. Most recently, Mr. Frotman served as Executive Director of the Student Loan Borrower Protection Center.
Additionally, according to reports, Jean Chang will serve as Acting Chief Operating Officer. Ms. Chang has worked at the CFPB since 2014, serving most recently as the Acting Deputy Chief Operating Officer and Chief of Staff for Operations.