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I N D U S T R Y I N S I G H T / A L Y J . Y A L E
LEADING
THE CHARGE
Amidst all the talk of Dodd-Frank and its possible rollback
or replacement, one thing is routinely never mentioned–
Section 342.
A little-known part
of the bill, Section 342
requires the Consumer Financial Protection
Bureau (CFPB)—and other federal financial
regulators—to create an Office of Minority and
Women Inclusion, as well as take part in other
diversity-related objectives.
It's Stuart Ishimaru—and his office at the
CFPB—who's in charge of putting Section 342
into action.
And really, there's no better person to do it.
With a storied history in civil rights,
Ishimaru has spent his career fighting for equal
opportunity—in the workplace, in the military,
and throughout the country. Now, he's taking
the fight to the financial sector, leading the
banking and lending industries down the path
of diversity.
GOOD GUY WORK
Ishimaru has spent the whole of his 33-year
career fighting for diversity, inclusion, and civil
rights, doing what he calls "good guy work."
He's worked for the U.S. Commission on
Civil Rights, the Department of Justice's Civil
Rights Division, and was appointed by President
Bush to be Commissioner of the Equal
Employment Opportunity Commission, and, in
his early years, he served as Assistant Counsel
to the U.S. House of Representatives Judiciary
