The first head of the CFPB has decided to step down at the end of the month without giving a formal reason; the bureau was established in the wake of the financial crisis in 2011; Mr. Cordray sent an email to all CFPB staff saying he thought the agency made a lasting difference to improve people’s lives and that new leadership will preserve what they have done; he is rumored to be interested in running for Governor of Ohio in 2018. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.