Liz Coyle joins CFPB Advisory Board

Later this month, Georgia Watch Executive Director Liz Coyle will be joining the Consumer Advisory Board and offering her perspective as a consumer advocate on issues before the Bureau of Consumer Financial Protection.

“I look forward to engaging with the Bureau and providing input on consumer experiences and challenges in the financial marketplace,” Coyle said.

The announcement from the Bureau is below.

Bureau of Consumer Financial Protection Announces New Advisory Committee Members
WASHINGTON, D.C. — Today the Bureau of Consumer Financial Protection (Bureau) announced the appointment of new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. The three advisory committees provide advice to Bureau leadership on a broad range of consumer financial issues and emerging market trends.

“Today, I am appointing experts to the Bureau’s advisory committees who will bring a fresh perspective to our important work,” said Bureau Acting Director Mick Mulvaney. “These experts are highly talented individuals in consumer finance markets, and we look forward to working closely with them throughout their service.”

The Dodd-Frank Wall Street Reform and Consumer Protection Act charges the Bureau with establishing a Consumer Advisory Board to advise and consult with the Bureau’s Director on a variety of consumer financial issues. The Bureau also created a Community Bank Advisory Council and a Credit Union Advisory Council. The Community Bank Advisory Council and Credit Union Advisory Council advise and consult with the Bureau on consumer financial issues related to community banks and credit unions. In March 2018, the Bureau issued a notice in the Federal Register outlining the responsibilities of the advisory committees, as well as the duties of its members, and solicited applications for appointment.

The newly appointed members include experts in consumer protection, financial services, FinTech, community development, fair lending, civil rights, and consumer financial products and services as well as representatives of community banks and credit unions. Advisory committee membership reflects the expertise across the range of issues under the Bureau’s jurisdiction. New members to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council will serve a one-year term.

Consumer Advisory Board Members:
• Liz Coyle, Executive Director, Georgia Watch
• Sameh Elamawy, Chief Executive Officer, Scratch Services, Inc.
• Manning Field, Chief Operating Officer, Acorns
• Jason B. Gross, Chief Executive Officer, Petal
• Clinton B. Gwin, President and CEO, Pathway Lending
• Ronald A. Johnson, President, Clark Atlanta University
• Brent Neiser, Senior Director of Strategic Programs and Alliances, National Endowment for Financial Education
• Sophie Raseman, Director of Product, Brightside
• Luz Urrutia, Chief Executive Officer, Opportunity Fund

More information on the Bureau’s advisory committees can be found here: https://www.consumerfinance.gov/advisory-groups/

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The Bureau of Consumer Financial Protection is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives. For more information, visit consumerfinance.gov

 

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