According to Politico, the CFPB has named Mary McLeod, formerly the State Department’s top lawyer, to be the CFPB’s new General Counsel. Ms. McLeod will replace Meredith Fuchs, the CFPB’s current General Counsel who has also been serving as Acting Deputy Director since the departure of Steven Antonakes in July 2015.… Continue Reading
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Former CFPB Deputy Director joins Eastern Bank
By Barbara S. Mishkin on
Posted in CFPB People, Regulatory and Enforcement
The American Banker reported earlier this week that Steven Antonakes, the former CFPB Deputy Director, has joined Eastern Bank in Boston as a senior vice president and chief compliance officer. According to the article, the bank has $9.6 billion in assets. As a result, the bank does not currently meet the asset threshold for CFPB supervision, which is more than $10 billion in assets.… Continue Reading