thomas ward cfpb
Thomas G. Ward will serve as assistant director of enforcement in the CFPB’s Supervision, Enforcement & Fair Lending Division. Other CFPB appointments announced Thursday include the following: The U.S. Supreme Court ruled the CFPB’s single-director structure violates the separation of powers between the executive and legislative branches and is unconstitutional. In a period of low rates, CEO Bruce Van Saun says he’d like to buy more fee-generating businesses. At issue is whether a president can fire the single director of the independent agency only “for cause” — as stipulated in Dodd-Frank — or whether it violates the Constitution's separation of powers. The Consumer Financial Protection Bureau on Thursday announced the hiring of Thomas G. Ward as its enforcement chief, an appointment likely to draw criticism from House Democrats. Upon taking the job in 2018, Kraninger sought to convey a more moderate approach than her predecessor, Mick Mulvaney. “Federal law prohibits the appointment of individuals to the excepted service based on political affiliation,” Waters stated, adding the Office of Personnel Management (OPM) requires agencies to seek approval before naming a former political appointee to a civil service position. Kraninger also is operating against the backdrop of the upcoming presidential election. Rachelle Vaughan as chief procurement officer in the Operations Division. CFPB Staffing Changes and Enforcement Trends. Advertising is available for companies wishing to promote their products or services. You may change your preferences on how cookies are stored by reviewing the settings on your browser. Our virtual Compliance Week Europe conference features regulators, thought leaders, and practitioners covering a range of timely topics, including the impact of a global pandemic on risk management and an update on sanctions, cross-border investigations, and Brexit. Susan Bernard as assistant director for regulations in the Research, Markets and Regulation Division. Thomas Ward was named the new Assistant Director of Enforcement in the Supervision. Director Kraninger explained the selection process as following the Bureau's standard executive hiring and recruitment procedures, which include a "comprehensive rating, ranking, assessment and structured interview process." Thomas Ward was named the new Assistant Director of Enforcement in the Supervision. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. “It will be a relief for all sides to finally get some clarity on this question," but "the extent of that clarity is not certain.”.
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