The CFPB named Stuart Ishimaru as the head of the newly-created Office of Minority and Women Inclusion, required by Section 342 of the Dodd-Frank Act. Mr. Ishimaru was the former Commissioner of the Equal Employment Opportunity Commission, and in the past served within the Civil Rights Division at the DOJ. The OMWI is charged with promoting diversity both at the CFPB and at the financial institutions regulated by the CFPB. Click here for the press release and here for Mr. Cordray’s related remarks.
Alert May 15, 2012