CFPB names supervision, enforcement chiefs

The Consumer Financial Protection Bureau has named an Assistant Director for the Office of Supervision Policy and Assistant Director for the Office of Enforcement.

The Consumer Financial Protection Bureau has named an Assistant Director for the Office of Supervision Policy and Assistant Director for the Office of Enforcement.

Lorelei Salas joins the agency to lead as Assistant Director for Supervision Policy and will also serve as acting assistant director for supervision examinations. From 2016 to 2021, she was Commissioner of the New York City Department of Consumer and Worker Protection, overseeing hundreds of inspectors, attorneys, and other professionals to protect city residents.

Previously, Salas was the legal director at Make the Road New York, supervising immigration, housing, and employment legal services programs. She also led the legal department at Catholic Migration Services, supervising the same areas of legal practice. Salas also worked at the New York State Attorney General’s Office in the Litigation and Labor Bureaus and held multiple senior management positions at the New York State Department of Labor. 

Prior to her legal career, Ms. Salas worked as a private sector auditor. She has an associate’s degree from La Guardia Community College, a Bachelor of Arts degree from Hunter College, New York City, and a law degree from Benjamin N. Cardozo Law School, New York City.

Eric Halperin joined the CFPB as Assistant Director for the Office of Enforcement after working in the non-profit and government sectors. Most recently, he was CEO of Civil Rights Corps., and, from 2010 to 2014, he was with the Civil Rights Division of the Justice Department, most recently as Acting Deputy Assistant Attorney General overseeing the fair housing, fair lending, and employment enforcement programs. He also was a trial attorney in the Civil Rights Division from 1998 to 2004.

Halperin has also worked as a senior advisor to Open Society Foundations’ U.S. Program and as the Director of the Center for Responsible Lending’s Litigation Program and its Washington office. He has a Bachelor of Arts degree from Wesleyan University, Middletown, Ct., and a law degree from Harvard Law School, Cambridge, Mass.

“Lorelei Salas and Eric Halperin are both distinguished public servants with deep expertise in consumer protection,” said CFPB Director Rohit Chopra. “Together, they will be effective watchdogs over the financial marketplace, especially when it comes to stopping repeat offenders.”

Fredrikson & Byron Law