WASHINGTON Another senior official at the Consumer Financial Protection Bureau has entered the private sector.
Benjamin K. Olson, who was deputy assistant director in the CFPB's office of regulations, has joined the Washington office of BuckleySandler LLP as counsel, the law firm said this week.
Olson managed a staff of about 40 people at the CFPB, and helped oversee mortgage and credit card rulemakings resulting from the Dodd-Frank Act, according to the press release issued by the firm.
He had been at the consumer bureau since June 2011. Previously, Olson was counsel in the regulations branch of the Federal Reserve Board's consumer and community affairs division. Before that, he worked in the Federal Trade Commission's financial practices division.
"Ben's direct experience as a senior lawyer at both the Federal Reserve Board and the CFPB will be of great assistance as we guide or clients through the challenges ahead in this time of heightened regulatory scrutiny," Andrew L. Sandler, BuckleySandler's chairman and executive partner, said in the press release.