CFPB Acting Director Uejio Nominated for HUD Assistant Secretary

Last week, President Biden nominated acting director of the Consumer Financial Protection Bureau (CFPB) Dave Uejio to serve as an assistant secretary of the Department of Housing and Urban Development (HUD).

According to American Banker, Uejio was on a list of White House nominees that was recently sent to the Senate. If confirmed, he will become the assistant secretary for fair housing and equal opportunity. His nomination could be a likely indication that Rohit Chopra, Biden’s nominee to lead the CFPB, will also be confirmed by the Senate.

“The Senate confirmation process can take time,” Uejio wrote to CFPB staff. “I intend to continue to serve as acting director as I navigate that process. I expect that we will have a permanent director in place well before my own confirmation, and I will keep working towards a smooth transition.

Uejio has served at the CFPB for nine years, most recently as chief strategy officer before becoming acting director. During his tenure, he has taken action to rescind rules put in place during the Trump administration as well on issues around racial inequality and pandemic relief.

Chopra is currently on the Federal Trade Commission (FTC), and some have noted that the delay in his confirmation could be due to work that still needs to be done under Lina Khan, the FTC’s newly confirmed Chairwoman.