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Consumer Bureau Names Acting Director for Its Rule-Writing Unit

Aug. 27 (Bloomberg) -- The U.S. Consumer Financial Protection Bureau named Kelly Thompson Cochran, formerly a lawyer with Wilmer Cutler Pickering Hale & Dorr LLP, to serve as the agency’s acting assistant director for regulations.

Cochran, who worked as the bureau’s deputy assistant director for regulations after joining from the Treasury Department, will replace Leonard Chanin, who left last week to join law firm Morrison & Foerster LLP. The consumer agency announced Cochran’s appointment in a statement today.

Stephen Van Meter will be deputy general counsel, having previously been assistant general counsel for policy, the bureau said in its statement. Meredith Fuchs became general counsel of CFPB in June after Leonard Kennedy became an adviser to consumer bureau Director Richard Cordray.

The bureau also announced that Chris Lipsett will join from Wilmer Hale to become senior counsel in Cordray’s office and Delicia Reynolds Hand will serve as staff director for the consumer advisory board and councils.

“I am pleased to announce these new additions and updates to the CFPB leadership team,” Cordray said in the statement. “We look forward to welcoming them as we continue to work on behalf of the American consumer.”

To contact the reporter on this story: Carter Dougherty in Washington at cdougherty6@bloomberg.net

To contact the editor responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net

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