Written Testimony of CFPB Acting Deputy Director David Silberman prior to the homely house Committee on Financial Services Subcommittee
Chairman Neugebauer, Ranking Member Clay, and people of the Subcommittee, many thanks when it comes to chance to testify today in regards to the customer Financial Protection BureauвЂ™s (Bureau or CFPB) substantial and ongoing work regarding payday lending. I am David Silberman, and I also act as Associate Director for analysis, Markets, and laws in the CFPB, a situation We have held since 2011. Final i also was named as Acting Deputy Director month.
In November 2010, We joined up with the Bureau within the execution group.
before the Bureau, we served as General Counsel and Executive Vice President of Kessler Financial solutions, a company that is privately-held on making and supporting bank card as well as other monetary solutions to account organizations.