WASHINGTON — The Consumer Financial Protection Bureau announced Monday that it was making several changes to senior leadership spots at the agency in the wake of a key defection.
Kelly Thompson Cochran will now serve as the acting assistant director for regulations at the agency, following the departure last week of Leonard Chanin, who left that position to return to Morrison & Foerster.
Cochran previously served as the deputy assistant director for regulations, and will now oversee all of the CFPB's rulewriting related to Dodd-Frank, including several mortgage-related regulations. Cochran previously worked for the Treasury Department on consumer protection issues.
The CFPB also hired Chris Lipsett as senior counsel in the office of the agency's director, Richard Cordray. Lipsett was a partner at Wilmer Cutler Pickering Hale & Door, where he focused on regulatory and compliance issues.
Additionally, the agency promoted Stephen Van Meter to deputy general counsel. Van Meter was previously with the Office of the Comptroller of the Currency, where he served for 14 years, before joining the CFPB last year as assistant general counsel for policy.
Lastly, the CFPB said it hired Delicia Reynolds Hand as the new staff director for the Consumer Advisory Board and Councils. In that role, Reynolds Hand will oversee the agency's Consumer Advisory Board, Community Bank Advisory Board and Credit Union Advisory Board. Prior to joining the CFPB, Reynolds Hand was legislative director for the National Association of Consumer Advocates.