We have learned that Jeff Langer, an experienced attorney with a strong industry background, will be joining the CFPB to serve as Assistant Director, Installment and Liquidity Lending Markets. In that position, Jeff will oversee auto and student lending. (Corey Stone, CFPB Assistant Director, Deposits, Cash, Collections and Reporting Markets, will continue to oversee smaller dollar loan markets, including payday and auto title loans.)
We know Jeff well from his many years in private practice representing industry and have great respect for his legal talents. We expect him to be a fair minded regulator. Jeff will be moving to the CFPB from the Law Department of Macy’s Inc., where he has been serving as Senior Counsel. Prior to joining Macy’s, Jeff worked in private law firms. He is a Past Chair of the American Bar Association Business Law Section Consumer Financial Services Committee and a member of the American College of Consumer Financial Services Lawyers.
Follow Alan on Twitter at @AlanKaplinsky