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CFPB Announces Acting Deputy Director
On Thursday, January 7, 2016, the CFPB announced David Silberman will serve as Acting Deputy Director beginning next week, replacing Meredith Fuchs. Silberman currently serves as Associate Director for Research, Markets, and Regulations, a position he has held since 2011 and will retain in the interim. Silberman will serve as Acting Deputy Director while a search for a replacement is conducted.
“David has been an integral part of the Bureau’s leadership team from the very beginning, and I am pleased that he will be taking on the role of acting deputy director,” said CFPB Director Richard Cordray. “David has helped to lead the Bureau’s policy and regulatory efforts and put in place new protections that will benefit all Americans. David’s knowledge, fairness, and judgment will continue to be invaluable to the Bureau as we carry out our work improving markets for consumers. And although we will miss Meredith, we remain grateful for her contributions to the Bureau and the public we serve.”