[author: Barbara S. Mishkin]

With the first anniversary of when it officially opened its doors for business only a month away, the CFPB has made several changes in its leadership. The changes announced this week include new positions for four existing senior staff members and the addition of two new senior staff members from outside the CFPB. Among the changes in existing staff is the move of Len Kennedy from General Counsel to Senior Advisor and Counselor to Director Cordray. Mr. Kennedy’s replacement as General Counsel will be Meredith Fuchs who had been serving as Director Cordray’s Chief of Staff.