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CFPB Chief Legal Officer Mark Paoletta has been selected as the bureau’s Deputy Director—a move that reflects that Acting Director Russell Vought’s term is coming to a close and that Paoletta will succeed him, Bloomberg reports.
Under federal law, Vought cannot serve as Acting Director past August 1. However, under the Federal Vacancies Reform Act, a top deputy or other senior official may serve as Acting Director until a full-time agency head is confirmed by the Senate.
That person is now Paoletta, according to Bloomberg.
Paoletta, who has been at the center of efforts to eliminate the CFPB and then make large changes to the agency, will retain his position as Chief Legal Officer at the CFPB, according to Bloomberg, which obtained an email outlining the changes.
Paoletta also is General Counsel at the Office of Management and Budget.
Geoffrey Gradler, who has served as the CFPB’s deputy director, is now the CFPB’s chief of staff, the news service reported.
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