President Barack Obama is considering nominating Raj Date, a former banker with Capital One Financial Corp. and Deutsche Bank AG, as head of the Consumer Financial Protection Bureau, according to a person briefed on the process. Date is already at the consumer bureau, working as a top deputy to Elizabeth Warren, the Obama administration adviser who is setting up the new agency. He is on a short list of candidates to become director, the person said.
Obama eyes ex-banker for consumer chief
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