The CFPB announced today that the following individuals are joining its leadership team: 

  • Cheryl Parker Rose to serve as Assistant Director for the Office of Intergovernmental Affairs.  Most recently, Ms. Rose was Deputy Director of U.S. Government Relations for the Bill and Melinda Gates Foundation, and from 2007 to 2010 she was Senior Advisor and Director of Intergovernmental Affairs for Speaker Nancy Pelosi.
  • Christopher Carroll to serve as the Assistant Director and Chief Economist for the Office of Research.  Dr. Carroll is a professor of economics at Johns Hopkins University, from which he will take a leave of absence while serving at the Bureau.  He also is a member of the Board of Directors of the National Bureau of Economic Research, and the co-chair of the NBER Research Group on Consumption.  Dr. Carroll is scheduled to begin at the Bureau in January.  Until then, Dr. Ron Borzekowski, the current Deputy Assistant Director, will serve as the Acting Assistant Director.
  • Kathleen Ryan to serve as the Deputy Assistant Director for the Office of Regulations.  Prior to joining the CFPB, Ms. Ryan served as Senior Regulatory Counsel at JPMorgan Chase & Co. where she focused on regulatory issues impacting mortgage and other consumer businesses, and on fair lending issues.  Ms. Ryan also previously served as Senior Counsel in the Fed’s Division of Consumer and Community Affairs where she worked on the drafting of several major consumer protection rules.
  • Elizabeth Ellis to serve as the Deputy Assistant Director for the Office of Financial Institutions and Business Liaison.  Ms. Ellis previously served as Senior Advisor to the CFPB’s Chief of Staff.  Prior to joining the CFPB, Ms. Ellis was a financial analyst at the Congressional Oversight Panel, where she evaluated the Troubled Asset Relief Program and reviewed the state of financial markets and the regulatory system.