Deputy Director Raj Date to Leave CFPB
Raj Date, the statutory heir-apparent to the Consumer Financial Protection Bureau after current Director Richard Cordray’s appointment ends next year, will leave the bureau effective Jan. 31, 2013.
A CFPB spokeswoman told Bloomberg News that Deputy Director Date will leave the bureau after finalizing mortgage rules that include integrated disclosures and the qualified mortgage rule.
Date was previously acting director for CFPB after Senator-elect Elizabeth Warren left the bureau in August 2011. Before joining the CFPB, Date was a bank executive who founded the Washington financial think tank Cambridge Winter Center in 2009.