Raj Date

Raj Date
Special Advisor for the Consumer Financial Protection Bureau
In office
August 1, 2011  January 4, 2012
President Barack Obama
Preceded by Elizabeth Warren
Succeeded by Richard Cordray
Director
Personal details
Alma mater University of California, Berkeley
Harvard Law School

Rajeev V. Date was the first-ever Deputy Director of the United States Consumer Financial Protection Bureau.[1] He had previously served in a variety of leadership positions at the Bureau, including several months as the startup agency's leader, as the Special Advisor to the Secretary of the Treasury. He is credited with guiding the CFPB's early strategic, operational, and policy initiatives.

Date graduated from the college of engineering at the University of California, Berkeley, and from the Harvard Law School.[2]

Prior to joining CFPB, he worked as a senior vice president at Capital One and as a managing director at Deutsche Bank. He left the banking industry in 2009 to start the Cambridge Winter Center, a nonprofit think tank devoted to promoting the regulation of financial firms.[2][3][4]

Date joined the bureau in February 2011 as associate director of research, markets and regulations, where he oversaw work on credit cards and mortgages. He succeeded Elizabeth Warren as special advisor when she stepped down from the agency on August 1, 2011.[3]

After leaving the CFPB

[5] Date founded Fenway Summer,[6] a hybrid advisory and venture investment firm based in Washington DC. He serves on a number of boards of directors, including those of the peer-to-peer lender Prosper, the digital currency firm Circle, and the mortgage bank Ethos Lending. Date also chairs the investment committee at Fenway Summer Ventures.

References

  1. "Treasury Department Announces Senior Hires for CFPB Implementation Team". Consumer Financial Protection Bureau. February 17, 2011.
  2. 1 2 "Rajeev Date replaces Elizabeth Warren on the CFPB". Siliconindia.com. Retrieved 2011-09-14.
  3. 1 2 Dennis, Brady (July 26, 2011). "Raj Date to replace Elizabeth Warren at consumer bureau". The Washington Post.
  4. "Raj Date". Cambridge Winter Center. Retrieved 14 September 2011.
  5. "Consumer Bureau's No. 2 to Leave Agency". The Wall Street Journal.
  6. http://www.fenwaysummer.com/
Government offices
Preceded by
Elizabeth Warren
Special Advisor for the Consumer Financial Protection Bureau
2011-2012
Succeeded by
Richard Cordray
Director


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