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Rosenthal To Depart CFPB
WASHINGTON (11/22/13)--Cliff Rosenthal, the former CEO of the National Federation of Community Development Credit Unions, will leave his current post with the Consumer Financial Protection Bureau in March, the CFPB confirmed Wednesday.
 
A CFPB spokesperson would not provide a reason for Rosenthal's departure.
 
Rosenthal left the National Federation of Community Development Credit Unions in May 2012 to take a job with the CFPB (News Now March 5, 2012). At the time, he said the government position would allow him to "pursue the mission that has guided me throughout my career: providing financial access and a route to economic self-sufficiency for low-income people."
 
When Rosenthal joined the federation, its existence was in question. At the time of his departure, the organization included than 200 credit unions in its membership, with total assets of some $13 billion and membership of 1.7 million.
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