Allied Progress Statement on Leonard Chanin Becoming CFPB Acting Deputy Director

Washington DC – In response to reports that Leonard Chanin will become the Acting Deputy Director of the CFPB, Allied Progress Director Derek Martin released the following statement:

“Leonard Chanin had a front row seat during the 2008 financial crisis as one of the financial regulators that let the economy go up in flames. It is bitter irony that the CFPB brings him on this month as the country stands on the brink of another potential crisis over the coronavirus. Only Donald Trump thinks doing the same thing over and over again will yield a different result.” 

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