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CFPB Names New Acting Deputy Director

Meredith Fuchs [1]

Meredith Fuchs

The Consumer Financial Protection Bureau (CFPB [2]) recently announced that Meredith Fuchs will serve as acting deputy director following Deputy Director Steve Antonakes' announcement last week [3] to depart from the agency.

Antonakes currently serves as both deputy director for the Bureau and associate director for the Division of Supervision, Enforcement, and Fair Lending, according to the CFPB.

The CFPB also noted that Fuchs announced her intention to step down as general counsel, but will continue to serve as general counsel and acting deputy director until a permanent replacement is selected for both positions. David Bleicken, who currently serves as the Deputy Associate Director for Supervision, Enforcement, and Fair Lending, will serve as Acting Associate Director for that division while a search for a replacement is conducted.

Fuchs joined the Bureau in 2011 as principal deputy general counsel before serving as chief of staff to CFPB Director Richard Cordray. Prior to the CFPB, she served as chief investigative counsel of the U.S. House of Representatives Committee on Energy and Commerce.

“Steve has been an enormous asset to the Bureau, and a great friend and colleague to me since the early days of the agency,” said Richard Cordray, CFPB director. “His contributions to this agency have been extensive in his dual roles as Deputy Director and Associate Director of Supervision, Enforcement, and Fair Lending and he will be sorely missed. Meredith’s experience and vision have helped build the Bureau since before we opened our doors, and I could not be more pleased that she has agreed to take on the role of Acting Deputy Director. I am deeply grateful to Steve and Meredith for their contributions to the CFPB and the American public we serve."