The new bank regulator
November 17, 2010 | CFPB, federal legislation | Comments (0)Here’s the guy who will be regulating banks over at the CFPB:
Massachusetts Commissioner of Banks Steven Antonakes is accepting a new job at the U.S. Treasury.
Treasury officials said Tuesday that Antonakes will join the agency’s Consumer Financial Protection Bureau team charged with building a consumer supervision program for the nation’s largest depository institutions.
In his new job, Antonakes will oversee the nation’s largest banks and credit unions to make sure they are complying with federal consumer protection laws.
Antonakes has served as Massachusetts commissioner of banks since 2003.
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