Rajeev Date replaces Elizabeth Warren on the CFPB

By SiliconIndia   |   Friday, 05 August 2011, 05:17 Hrs
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Rajeev Date replaces Elizabeth Warren on the CFPB
Fremont: Rajeev Date was announced as the Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB) by the U.S. Department of the Treasury. Raj Date would replace Professor Elizabeth Warren on 1 August 2011.

Rajeev graduated from the University of California at Berkeley and Harvard Law School. At the CFPB's he will handle the operations and continue the task that begun under Professor Warren's leadership. The CFPB helps ensure that consumers have the information they need to make the financial choices that are best for them and works to prevent abusive and deceptive financial practices.

Rajeev oversees several offices, including Research, Regulations, Card Markets, Mortgage Markets, Credit Information Markets, Deposit Markets, and Specialty Finance Markets. Before joining CFPB, Date worked in the financial services industry, both at Capital One Financial, as the Senior Vice President, and later at Deutsche Bank, as a Managing Director.

In 2009 he started the Cambridge Winter Center, a non-profit, nonpartisan organization dedicated to fostering an informed discourse on U.S. financial institutions policy.

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