CUNA President/CEO Jim Nussle said of Bynum's appointment, "Congratulations to Bill Bynum for being named to the Biden-Harris Agency Review Team. We appreciate him bringing the credit union perspective on the CFPB to the incoming administration. The work Bill and Hope FCU have done to promote financial well-being and to advance the interests of his local community, especially in response to the pandemic, is a great example of the credit union difference in action."

Recently, CU Times featured Bynum in an article about his thoughts on the government failing to help the poor and minority populations.

"The people we serve have long experienced extraordinary fragility, high levels of economic distress, poor health conditions, worse education outcomes and economic uncertainty just by virtue of what they look like, where they were born, their race, their gender, their preferences," Bynum said.

"There's a lack of a safety net, wealth-, health-gaps. All of these conditions have been exposed and exacerbated by the triple whammy we're facing — not just the health crisis, but the unprecedented economic and racial justice crises.

"Where do people go? It should be our government. Unfortunately, it has been so evident that the federal responses were not designed for the people and communities we serve," he said in the Oct. 29 article.

According to a statement from the Biden-Harris transition website, "The teams have been crafted to ensure they not only reflect the values and priorities of the incoming administration, but reflect the diversity of perspectives crucial for addressing America's most urgent and complex challenges."

There was no information regarding when the Agency Review Team for the CFPB will begin meeting.