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David Silberman Named Acting Deputy Director of the CFPB
Monday, January 11, 2016 6:35 AM

The Consumer Financial Protection Bureau on Thursday announced that David Silberman will serve as acting deputy director beginning next week, replacing Meredith Fuchs. Silberman currently serves as associate director for research, markets, and regulations, a position he has held since 2011 and will retain in the interim. Silberman will serve as acting deputy director while a search for a replacement is conducted.

Prior to joining the CFPB in 2010, Silberman served for 12 years as general counsel and executive vice president of Kessler Financial Services, a privately-held company focused on providing advisory services in developing and marketing financial service products through distribution partnerships.

Silberman’s involvement with consumer financial services began when, as deputy general counsel of the AFL-CIO, he created and then served as president and CEO of Union Privilege, an arm of the AFL-CIO responsible for sponsoring and overseeing the delivery of financial services to union members. Silberman began his career as a law clerk to Justice Thurgood Marshall and then as a member of the law firm Bredhoff & Kaiser. He is a graduate of Brandeis University and Harvard Law School.