According to Politico, Holly Petraeus, Assistant Director of the CFPB’s Office of Servicemember Affairs, will be retiring from the CFPB.

During her tenure at the CFPB, the protection of military servicemembers and their families has been a focus of CFPB supervisory and enforcement activity.  Among other things, Ms. Petraeus was a vociferous advocate for the Department of Defense’s rule expanding the protections of the Military Lending Act, which, with the exception of credit cards, requires compliance by October 3, 2016.… Continue Reading