Former CFPB deputy director reportedly joining Capital One
Meredith Fuchs will serve as SVP and chief counsel on regulatory issues
Meredith Fuchs, who recently stepped down as acting deputy director of the Consumer Financial Protection Bureau, is joining Capital One as the bank’s senior vice president and chief counsel on regulatory issues, according to a report from TheHill.com.
When Fuchs accepted the role as acting deputy director, the appointment was meant to temporary, as she had already announced her intention to step down as general council earlier in July.
Fuchs joined the bureau in 2011 as principal deputy general counsel before serving as chief of staff to CFPB Director Richard Cordray.
Prior to joining the CFPB, she served as chief investigative counsel of the United States House of Representatives Committee on Energy and Commerce.
But now, Fuchs is reportedly joining Capital One.
Earlier this year, the CFPB announced that David Silberman will take over as acting deputy director for Fuchs.
Silberman served as associate director for research, markets, and regulations at the CFPB, a position he has held since 2011 and will remain in while also serving as acting deputy director.