The Consumer Financial Protection Bureau (CFPB) has opened a new Office of Financial Institutions and Business Liaison, which is designed to connect the agency with financial institutions, the trade associations serving the financial services industry and other financial businesses.
‘I am very pleased to announce these updates to our leadership team as well as the creation of the Office of Financial Institutions and Business Liaison.’ says CFPB Director Richard Cordray. ‘As the bureau moves forward with its important work, we continue to build a strong, talented team and to enhance our outreach to all stakeholders involved in improving markets for consumers and responsible businesses.’
Dan Smith was named assistant director for the Office of Financial Institutions and Business Liaison. He previously served as the director for industry and state relations at Freddie Mac. Prior to working at Freddie Mac, Smith represented Fortune 500 companies as vice president at Dehart and Darr Associates for 15 years.