The Consumer Financial Protection Bureau once again has a full-time second in command, as Director Kathy Kraninger announced that Thomas Pahl had been named deputy director.
Pahl takes over for Brian Johnson, who left the bureau to return to private practice in February. Leonard Chanin had served in the role in an acting capacity, but since has returned to his role at the Federal Deposit Insurance Corp. as the deputy to the chairwoman, Jelena McWilliams.
Read on for more details about Pahl, as well as the creation of a new division at the agency.