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Ex-CFPB official, Raj Date, defends his subprime mortgage startup against GOP-led ethics complaints.
August 26 -
Lawmakers have accused Raj Date, the Consumer Financial Protection Bureau's former No. 2, of lobbying his old employer and profiting from a mortgage rule he wrote. Yet ethics experts, and even some of those who formerly accused him of wrongdoing, now say the charges are bogus.
August 5 -
GOP lawmakers are raising concerns that the Consumer Financial Protection Bureau's former deputy director, Raj Date, and other staffers "left the CFPB in order to profit from rules they helped create."
August 1 -
Raj Date, the former No. 2 at the Consumer Financial Protection Bureau, was reappointed to the board of the peer-to-peer lender Prosper Marketplace, the company said Friday.
July 19 -
Raj Date, the former deputy director for the Consumer Financial Protection Bureau, has started a bank advisory firm that will focus on consumer finance issues, including assisting mergers and acquisitions through private equity partnerships.
April 17
Raj Date, the former deputy director of the Consumer Financial Protection Bureau, appears to be a Bitcoin believer.
Date, who helped start the CFPB and served as special advisor to then-Treasury Secretary Timothy Geithner, has joined the board of digital currency startup Circle Internet Financial in Boston, according to a press release Thursday.
"Products that use digital currency have the potential to remove significant friction from our financial lives, and to expand financial inclusion for the underbanked around the world," Date said in the release. "Circle is well-positioned to lead innovation in the space and to champion mainstream adoption of promising new technologies like Bitcoin."
Circle Financial touted Date's appointment as evidence of its commitment to consumer protection, privacy and regulatory compliance.
"As an executive who has worked in both industry and government leadership positions within consumer finance, [Date] brings Circle incredible perspective and vision," Jeremy Allaire, Circle's chairman and chief executive officer, said in the release.
Date
