DFS makes high profile hire

January 15, 2020 at 8:43 am 1 comment

Let’s play a quick game of Jeopardy. The answer is:

She sued the Trump administration claiming she became the Acting Director of the CFPB by operation of law upon the resignation of Richard Cordray.

The question is:

Who is Leandra English?

Why am I asking this question? Because yesterday she was hired as a senior policy advisor to NY DFS Superintendent Linda Lacewell. By the way, the Superintendent is scheduled to speak at the Senate Banks Committee hearing this morning, which is why I’m cutting this blog short.

According to the Department’s press release: “English will report directly to the Superintendent and manage and develop the Department’s portfolio of policy initiatives involving consumers, financial services, and other issues. She will also spearhead the Department’s policy development and analysis process, and help identify common regulatory trends and risks across industries to ensure DFS remains an active and effective protector of New York consumers.” She has NY roots, having received her undergraduate degree from NYU.

Captain obvious here: The hiring of Ms. English is among the most high profile moves I have seen by any state to demonstrate a determination to fill in perceived gaps in regulatory enforcement in the aftermath of a new leadership team being installed at the CFPB.

Entry filed under: General.

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Authored By:

Henry Meier, Esq., Senior Vice President, General Counsel, New York Credit Union Association.

The views Henry expresses are Henry’s alone and do not necessarily reflect the views of the Association. In addition, although Henry strives to give his readers useful and accurate information on a broad range of subjects, many of which involve legal disputes, his views are not a substitute for legal advise from retained counsel.

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