CFPB Boosts Leadership Team with Newly Announced Hires

Today the Consumer Financial Protection Bureau (CFPB) announced the addition of several new members to leadership positions within the agency. 

Cheryl Parker Rose joins the CFPB as Assistant Director for the Office of Intergovernmental Affairs. Most recently, Rose was the former Deputy Director of U.S. Government Relations for the Bill and Melinda Gates Foundation, and from 2007 to 2010 she was Senior Advisor and Director of Intergovernmental Affairs for Speaker Nancy Pelosi.

Christopher Carrol will serve as the CFPB’s Assistant Director and Chief Economist for the Office of Research. A professor of economics at Johns Hopkins University, Carroll is also a member of the Board of Directors on the National Bureau of Economic Research, and the co-chair of the NBER Research Group on Consumption. 

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Also joining the CFPB is Kathleen Ryan, who will serve as the Deputy Assistant Director for the Office of Regulations. Prior to joining the CFPB, Ryan served as Senior Regulatory Counsel at JPMorgan Chase & Co., where she focused on regulatory issues impacting mortgage and other consumer businesses, as well as fair lending issues. 

Lastly, Elizabeth Ellis will take on the role of Deputy Assistant Director for the Office of Financial Institutions and Business Liaison, after previously serving as the Senior Advisor to the CFPB’s Chief of Staff. 

Before joining the CFPB, Ellis was a financial analyst at the Congressional Oversight Panel, where she evaluated the Troubled Asset Relief Program and reviewed the state of financial markets and the regulatory system. 

“These new additions to CFPB leadership positions continue to showcase the high caliber of people who are joining our team,” said CFPB Director Richard Cordray. “Working to make consumer markets safer and more effective is a major task, but this is an attractive mission and today’s announcement shows that we continue to bring in top-flight people who are determined to get the job done.”

Written by Jason Oliva

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  • What the additions actually show is that the CFPB is doing as anticipated, creating a very expensive bureaucracy which is accountable to no one and has no idea how to pay for itself.

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