Revolving door spinning at CFPB, raising ethics issues

By Richard Pollock
Published June 19, 2013 4:00am ET
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Revolving door spinning at CFPB, raising ethics issues
Rajeev Date may have given new meaning to the phrase “revolving door” when he left the Consumer Financial Protection Bureau on January 31 to start a new bank and mortgage “advisory firm.” The former CFPB second-in-command was ultimately joined at his new enterprise — Fenway Summer, registered in Delaware on March 11 — by several […]

Rajeev Date may have given new meaning to the phrase “revolving door” when he left the Consumer Financial Protection Bureau on January 31 to start a new bank and mortgage “advisory firm.”

The former CFPB second-in-command was ultimately joined at his new enterprise — Fenway Summer, registered in Delaware on March 11 — by several key CFPB colleagues.

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