CFPB Selects New Leader for Enforcement Team
11/8/2017 9:00 AM
Kristen Donoghue will be charged with oversight of the financial industry in her new role.
Kristen Donoghue will be appointed as the Consumer Financial Protection Bureau’s new assistant director of enforcement, effective Friday, Nov. 17. Donoghue will lead the CFPB’s oversight and regulation of the financial industry.
“Kristen Donoghue has been an essential member of the Consumer Bureau’s enforcement team since the very first days of the agency,” CFPB Director Richard Cordray said in a statement Tuesday, according to The National Law Journal. “Kristen is a proven leader who has demonstrated her integrity, deep knowledge of financial services and consumer protection, and commitment to public service.”
Donoghue, who has worked at the CFPB since 2011, was a top deputy under Anthony Alexis, the outgoing enforcement chief.
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