CFPB to Lose Highly Regarded Assistant Director

Assistant Director of the Consumer Financial Protection Bureau Rick Hackett officially announced that he will be leaving his position by the end of the month. Hackett has been a very visible CFPB official at industry events and has been an active participant at many industry conferences and press gatherings. During his time in office, Hackett pushed an agenda to disseminate clear and accurate information to consumers. He was widely praised and highly regarded for the work that he accomplished during his tenure at the CFPB. Industry insiders note that high employee turnover is relatively standard for this type of a position.

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