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78 78 INVESTMENT GOVERNMENT PROPERTY PRESERVATION TECH Journal CONSUMER FINANCIAL PROTECTION BUREAU ANNOUNCES ADVISORY COMMITTEE MEMBERS Consumer Financial Protection Bureau Director Kathleen L. Kraninger has announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). ese experts advise Bureau leadership on a broad range of consumer financial issues and emerging market trends. In spring 2019, Director Kraninger announced a series of enhancements to the Bureau's advisory committee charters, including: expanding the focus of the meetings to cover broad policy matters; increasing the frequency of in-person meetings from two times a year to three times a year for the CAB, CBAC, and CUAC; elevating the ARC to a Director-level advisory committee and increasing its meeting frequency; and increasing term lengths from one year to two years, among other enhancements. e CAB is mandated by the Dodd- Frank Wall Street Reform and Consumer Protection Act to advise and consult with the Bureau's Director on a variety of consumer financial issues. e Bureau also created three additional discretionary councils: the CBAC, CUAC, and ARC. e CBAC and CUAC advise and consult with the Bureau on consumer financial issues related to community banks and credit unions. e ARC advises the Bureau on its strategic research planning process and research agenda and provides feedback on research methodologies, data collection strategies, and methods of analysis, including methodologies and strategies for quantifying the costs and benefits of regulatory actions. e following members will serve on each of their respective committees: CONSUMER ADVISORY BOARD (CAB) » Chair of the CAB: Eric Kaplan, Director – Housing Finance Program, Milken Institute » Joaquin Altoro, CEO, Wisconsin Housing & Economic Development Authority » Nikitra Bailey, EVP, Center for Responsible Lending » Lorray Brown, Attorney/Consumer Law Attorney, Co-Director, Michigan Poverty Law Program » Nadine Cohen, Managing Attorney, Greater Boston Legal Services » Mae Watson Grote, Founder and CEO, e Financial Clinic » Tim Lampkin, CEO, Higher Purpose Co. » Leigh Phillips, President and CEO, EARN DBA SaverLife » Jean Setzfand, SVP, AARP » Rebecca Steele, President/CEO, National Foundation for Credit Counseling » Tim Welsh, Vice Chairman Consumer and Business Banking, U.S. Bank COMMUNITY BANK ADVISORY COUNCIL (CBAC) » Chair of the CBAC: Valerie Quiett, SVP and Chief Legal Officer, Mechanics and Farmers (M&F) Bank » John Buhrmaster, President & CEO, First National Bank of Scotia » Patrick Ervin, EVP, Independent Bank » Shan Hayes, President and CEO, Heartland Tri-State Bank » Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank » Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank » Kristina Schaefer, General Counsel & Chief Risk Officer, Fishback Financial Corporation/First Bank & Trust » Brad Williamson, CEO & President, Islanders Bank CREDIT UNION ADVISORY COUNCIL (CUAC) » Chair of the CUAC: Racardo McLaughlin, VP Mortgage Originations/Operations, TwinStar Credit Union » Monica Davis, SVP Risk management, Union Square Credit Union » Michelle Dwyer, President/CEO, Franklin First Federal Credit Union » Rick Durante, VP, Director of Corporate Social Responsibility and Government Affairs, Franklin Mint Federal Credit Union » Doe Gregersen, VP & General Counsel, Landmark Credit Union » Brian Holst, General Counsel, Elevations Credit Union » Jose Iregui, VP of Loan Servicing and Collections, Langley Federal Credit Union » Jeremiah Kossen, President & CEO, Town and Country Credit Union ACADEMIC RESEARCH COUNCIL (ARC) » Chair of the ARC: Joshua Wright, Professor, Scalia Law School at George Mason University » Michael Baye, Bert Elwert Professor of Business Economics, Indiana University » Vicki Bogan, Associate Professor, Cornell University » Terri Friedline, Associate Professor, University of Michigan » Tom Miller, Professor of Finance and Jack R. Lee Chair, Mississippi State University » Michael Staten, Professor and Associate Dean, University of Arizona » Anthony Yezer, Professor of Economics, George Washington University