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Massachusetts Commissioner of Banks Steve Antonakes, whose office also regulates state-chartered credit unions, was named today to lead the team setting up the depository institution supervision at the new Consumer Financial Protection Bureau.

Antonakes, who has been the top financial services regulator in the Bay State for 7 years, will be the point person for building the CFPB’s consumer supervision bureau. He began his career as a Community Reinvestment Act bank examiner and worked his way up to the department’s top job.


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