Alas, not the lead singer of AC/DC. It's a former deputy CFPB director during the first Trump administration turned Capital One credit card executive.
On a side note, Russ Vought said that he's only going to issue nonbinding policy statements if they make life simpler for banks. This is not that.
I've covered the ins and outs of what the Trump administration is doing to the CFPB, and this story really brings together what's happening.
The CFPB is setting up for a post-Russell Vought existence that is probably going to look like he never left when his term as acting director expires later this year. New from me: news.bloomberglaw.com/banking-law/...
Has anyone who follows me here ever been involved in hiring at the OCC? I have some questions about job description numbers and what actual jobs they correspond to.
I didn't realize the lead singer of AC/DC was from Ohio. Impressive accent work!