CFPB KICKS ENFORCEMENT INTO HIGH GEAR

The Consumer Financial Protection Bureau (CFPB) will name Eric Halperin, a longtime consumer advocacy attorney and former official with the U.S. Department of Justice during the Barack Obama administration, to serve as its new enforcement director. This is according to original reporting at Bloomberg Law, based on conversations with internal CFPB sources who wished to remain unnamed.

It is expected that Halperin will be appointed by CFPB Director Rohit Chopra in the coming days, according to the information that informed the reporting.

The news of Halperin’s impending appointment also comes on the heels of news relating the Bureau’s aggressive expansion of its enforcement division, in which it has added 20 to 30 enforcement attorneys to its staff in preparation for expanding its fair lending and redlining enforcement actions according to recent reporting at HousingWire.

Halperin worked at the Obama-era DOJ in the Civil Rights division from 2010 until 2014, before serving as the acting deputy assistant attorney general in charge of the Civil Rights division’s fair housing, fair lending and employment non-discrimination enforcement program. Currently, Halperin serves as the executive director of the Civil Rights Corps, which describes itself as “a nonprofit organization dedicated to challenging systemic injustice in the United States’ legal system.”