The Department of the Treasury announced that, effective August 1, 2011, Raj Date will replace Professor Elizabeth Warren as Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB). After a successful tenure standing up the CFPB, noted Treasury, Professor Warren will return to her position as the Leo Gottlieb Professor of Law at Harvard Law School. Mr. Date will lead the CFPB’s day-to-day operations and help continue the important work begun under Professor Warren’s leadership.
Raj Date currently serves as Associate Director of Research, Markets, & Regulations at the CFPB. He oversees several offices, including Research, Regulations, Card Markets, Mortgage Markets, Credit Information Markets, Deposit Markets, and Specialty Finance Markets.