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Home Compliance

Biden Names Temporary Picks to Lead CFPB, FCC, FTC

mikegibb by mikegibb
January 22, 2021
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President Joe Biden named temporary heads to the three major government agencies regulating the accounts receivable management industry — the Consumer Financial Protection Bureau, the Federal Communications Commission, and the Federal Trade Commission.

Dave Uejio, the CFPB’s chief strategy officer will be acting director until Rohit Chopra is confirmed by the Senate to replace Kathy Kraninger as director of the agency. Jessica Rosenworcel, a commissioner at the FCC was named acting chairwoman, as was Rebecca Slaughter at the FTC.

President Biden has not yet announced his selections for permanent chairs at the FCC and FCC.

Not much is publicly known about Uejio — published reports about his appointment were scouring his LinkedIn profile for details — other than he has spent nearly a decade working at the agency. The CFPB has updated its org chart with Uejio’s name at the top of the ladder.

Former CFPB Director Richard Corday lauded the move, according to a published report.

“He’s a great interim pick and he doesn’t regard the role as simply a caretaker,” Cordray said. “He knows there are important things they need to be doing including focusing on the needs of people affected by the pandemic.”

Rosenworcel has spent eight years as a commissioner at the FCC and has been a very vocal proponent of stronger regulations and fines against robocallers while also voting in favor of stricter provisions of the Telephone Consumer Protection Act. Rosenworcel replaces Ajit Pai, who resigned as chairman following the election of President Biden.

Slaughter was confirmed to be a commissioner of the FTC in 2018. Prior to joining the FTC, Slaughter was chief counsel to Sen. Chuck Schumer [D-N.Y.]. Like Chopra and Rosenworcel, Slaughter is thought of as a staunch advocate of consumer protections. Slaughter replaces Joseph Simons, who announced his resignation earlier this week.

“I am deeply honored and grateful to lead an agency that is critical to helping the U.S. economy get back on its feet and function more fairly for all Americans,” Slaughter said in a statement.

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Tags: CFPBFCCRebecca SlaughterRichard CordrayRohit Chopra
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