CFPB Announces Organization, Senior Personnel Changes

CFPB

On April 22, the CFPB announced the creation of the Office of Financial Institutions and Business Liaison, which will interface with bank and nonbank trade associations, financial institutions, and other businesses. The new office will be led by Dan Smith, who previously served as the Director for Industry and State Relations at Freddie Mac. The CFPB also announced that Catherine Galicia will serve as Assistant Director for Legislative Affairs. Ms. Galicia most recently served as Senior Counsel for the Senate Committee on Banking, Housing and Urban Affairs, where she helped draft the consumer protection provisions of the Dodd-Frank Act. She replaces Lisa Konwinski, who will become Deputy Associate Director for External Affairs. In addition, Hubert “Skip” Humphrey will transition from his role as Assistant Director in the Office of Older Americans to Senior Liaison Officer, focusing on expanding the Office’s efforts to build strong working relationships with state, local, public and private organizations.