Two veterans of Wilmer Cutler Pickering Hale and Dorr have landed senior positions at the Consumer Financial Protection Bureau, and two other lawyers have also assumed top jobs at the new agency.
Christopher Lipsett, who was a partner in Wilmer's financial institutions and litigation practices in New York, joins the CFPB as senior counsel in the Office of the Director. His clients included Citigroup, HSBC and JP Morgan Chase, according to the membership directory of the American College of Consumer Financial Services Lawyers.
Fellow Wilmer alum Kelly Thompson Cochran steps up as acting assistant director for regulations, filling Leonard Chanin's job, at least temporarily. Last week, Morrison & Foerster announced that Chanin was rejoining the firm as a partner in Washington.
Cochran previously served as the deputy assistant director for regulations, overseeing preparation of agency rules regarding remittances, mortgage servicing, mortgage disclosures, mortgage loan originator compensation, high-cost mortgages, and appraisals. She left Wilmer in 2009 to join the Treasury Department before moving to the CFPB.
Stephen Van Meter will now serve as deputy general counsel. He joined the CFPB's legal division in June 2011 as assistant general counsel for policy. He came to the CFPB from the Office of the Comptroller of the Currency, where he served for nearly 14 years, most recently as assistant director of the Community and Consumer Law Division.
Also, Delicia Reynolds Hand joins the CFPB as the new staff director for the Consumer Advisory Board and Councils. Her previous jobs include legislative director for the National Association of Consumer Advocates and general counsel at the Center for Community Change.
"I am pleased to announce these new additions and updates to the CFPB leadership team," said CFPB Director Richard Cordray in a news release. "We look forward to welcoming them as we continue to work on behalf of the American consumer."
Cordray added, "We are also grateful to Leonard Chanin for his guidance in building this agency and for furthering our mission to make markets work for consumers."