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Obtained via FOIA by Judicial Watch, Inc.

From:

Banks, Dominique (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=banksd>

To:

OMealia, Sean (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=omealias>

Cc:

Bcc:

Subject:

RE: FOIA meeting Mon Aug 08 2011 09:20:10 EDT

Date:

Attachments:

image003.jpg

image002.jpg

Cordray calendar from Dec to Feb.pdf

Sean:

I apologize for sending the calendar earlier. Come to 7002A and we will figure out from there where we have available space to meet. See you then!!

Thanks

Dominique A. Banks

FOIA Analyst

Office of Privacy, Information Disclosure (FOIA),

Records, & Transparency

Phone: (202) 435-7359

Email: Dominique.Banks@cfpb.gov

logo.jpg

From: OMealia, Sean (CFPB) Sent: Monday, August 08, 2011 8:50 AM To: Banks, Dominique (CFPB) Subject: RE: FOIA meeting

Wonderful! Marty already forwarded the request to Bill. What room should I come to?

Obtained via FOIA by Judicial Watch, Inc.

Also, would you mind sending me the calendar we released earlier in the year for Rich?

Thanks,

Sean

From: Banks, Dominique (CFPB) Sent: Monday, August 08, 2011 8:26 AM To: OMealia, Sean (CFPB) Subject: FOIA meeting

Good Morning:

Marty is not here today, though our Deputy, William Holzerland, is expected to be in. If you would like to meet with Bill and I regarding the request, I will send Bill the invite.

Thanks

Dominique A. Banks

FOIA Analyst

Office of Privacy, Information Disclosure (FOIA),

Records, & Transparency

Phone: (202) 435-7359

Email: Dominique.Banks@cfpb.gov

logo.jpg

Obtained via FOIA by Judicial Watch, Inc.

From:

Michalosky, Martin (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=michaloskym>

To:

CARTER DOUGHERTY, BLOOMBERG/ NEWSROOM:

<cdougherty6@bloomberg.net>

Cc:

Holzerland, William (CFPB) </o=ustreasury/ou=exchange administrative group (fydibohf23spdlt)/cn=recipients/cn=holzerlandw>; Kitt, Brett (CFPB) </o=ustreasury/ou=do/cn=recipients/cn=kittb>

Bcc:

Subject:

Consumer Financial Protection Bureau FOIA Request 2011-06-053 Response

Date:

Thu Jun 16 2011 12:40:08 EDT

Attachments:

2011-06-053 Final Response.pdf

Good afternoon Mr. Dougherty,

Attached to this email is the CFPB’s response to your FOIA request dated June 6, 2011, in which you request records relating to the calendars of Ms. Patricia McCoy and Mr. Richard Cordray.

If you have any questions or concerns, please do not hesitate to contact the CFPB FOIA Team at 1-855 -444-FOIA (3642) or CFPB_FOIA@treasury.gov.

Thank you.

Marty Michalosky

Consumer Financial Protection Bureau (CFPB) implementation team

Department of the Treasury

Phone: 202-435-7198

Email: Martin.Michalosky@treasury.gov

2011-06-053 Final Response.pdf (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

Page 3238 of 5106

2011-06-053 Final Response.pdf (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

February 01, 2011 Continued

Tuesday

3:30 PM - 4:00 PM

Feedback on Outreach Plan -- 557

When: Tuesday, February 01, 2011 3:30 PM4:00 PM (GMT05:00) Eastern Time (US & Canada). Where: 557

Note: The GMT offset above does not reflect daylight saving time adjustments.

4:00 PM - 4:20 PM

5:00 PM - 6:00 PM

6:00 PM - 7:00 PM

*~*~*~*~*~*~*~*~*~*

(b) (6) interview -- Richard's office When: Tuesday, February 01, 2011 4:00 PM-4:20 PM (UTC-05:00)
(b) (6)
interview -- Richard's office
When: Tuesday, February 01, 2011 4:00 PM-4:20 PM (UTC-05:00) Eastern Time
(US & Canada).
Where: Richard's office
Note: The GMT offset above does not reflect daylight saving time adjustments.
*~*~*~*~*~*~*~*~*~*
(b) (6)
Lucy
Joanna
Lucy’s office @ 3:00pm
Alice
Meredith
Alice’s office @3:30pm
Richard Cordray @ 4:00pm

Mtg w Carter Dougherty of Bloomberg -- Au Bon Pain

More Talk about Supervision/Enforcement Interface -- Steve or Peggy's office or wherever else you want

February 02, 2011

Wednesday

10:00 AM - 11:00 AM

Prep for DOJ meeting -- TBD

When: Wednesday, February 02, 2011 10:00 AM-11:00 AM (UTC-05:00) Eastern Time (US & Canada). Where: TBD

Note: The GMT offset above does not reflect daylight saving time adjustments.

Cordray, Richard (CFPB)

15

4/13/2011 11:02 AM

Page 3254 of 5106

2011-06-053 Final Response.pdf (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

March 02, 2011 Continued

Wednesday

6:30 PM - 7:30 PM

Dinner -

(b) (6)
(b) (6)

-- Washington Circle - Restaurant to be Confirmed

When: Wednesday, March 02, 2011 6:30 PM-7:30 PM (UTC-05:00) Eastern Time (US & Canada). Where: Washington Circle - Restaurant to be Confirmed

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

March 03, 2011

Thursday

8:00 AM - 9:30 AM

11:00 AM - 11:30 AM

Speaking to Ohio Bankers League Delegation (40 CEOs and senior level managers, per Jeff Quayle,

(b) (6)

-- L'Enfant Plaza Hotel, 480 L'Enfant Plaza S.W.

Rich Cordray interview with Brady Dennis, WaPo (tentative time) -- in your office

When: Thursday, March 03, 2011 11:00 AM-11:30 AM (UTC-05:00) Eastern Time (US & Canada). Where: in your office

Note: The GMT offset above does not reflect daylight saving time adjustments.

12:00 PM - 1:30 PM

2:00 PM - 2:30 PM

*~*~*~*~*~*~*~*~*~*

American U Law Review Symposium -- Lunch Keynote Speaker re Consumer Bureau -- American University Law School, 4801 Mass Ave, Rm 603

Leslie Meredith, Editor in Chief of Law Review,

(b) (6)

NAAG MOU -- Joanna and Meredith's Tearoom

When: Thursday, March 03, 2011 2:00 PM2:30 PM (GMT05:00) Eastern Time (US & Canada). Where: Joanna and Meredith's Tearoom

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

We’ll be meeting outside of Meredith and Joanna’s cubicles due to the conference rooms being booked.

(b) (5)

Cordray, Richard (CFPB)

50

4/13/2011 11:02 AM

Page 3289 of 5106

2011-06-053 Final Response.pdf (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

January 12, 2011 Continued

Wednesday

Where: Pat's office

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

January 14, 2011

Friday

2:00 PM - 2:30 PM

Private:

(b) (6)

January 17, 2011

Monday

11:00 AM - 11:30 AM

CFPB Policy Team- Weekly Update -- Full Disclosure Room 503 - call-in #

(b) (6)

When: Occurs every Monday effective 1/3/2011 until 3/7/2012 from 11:00 AM to 11:30 AM (UTC-05:00) Eastern Time (US & Canada).

Where: Full Disclosure Room 503 - call-in #

(b) (6)

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

January 18, 2011

Tuesday

9:30 AM - 10:00 AM

Dail:

(b) (6)

-- 503

When: Tuesday, January 18, 2011 9:30 AM-10:00 AM (UTC-05:00) Eastern Time (US & Canada). Where: 503

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

 

w/ Call-in number.

10:15 AM - 11:00 AM

Coffee with Carter Dougherty

11:30 AM - 1:00 PM

Lunch with CSBS and Pat McCoy -- TBD

 

When: Tuesday, January 18, 2011 11:30 AM-1:00 PM (GMT-05:00) Eastern Time (US & Canada). Where: TBD

Note: The GMT offset above does not reflect daylight saving time adjustments.

McCoy, Patricia (CFPB)

10

4/4/2011 10:12 AM

Page 3346 of 5106

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

dennisb@washpost.com

<dennisb@washpost.com>

Cc:

Bcc:

Subject:

Re: coffee

Date:

Mon Nov 15 2010 09:19:07 EST

Attachments:

Later today or tomorrow is no problem. Sorry, can't do lunch today. I'm free after 4pm today and have some windows before then. Tomorrow is a bit more open.

Peter

----- Original Message -----

From:

To: Jackson, Peter (CFPB) Sent: Mon Nov 15 09:06:45 2010 Subject: coffee

(b) (6)

(b) (6)

<

Hey Peter. Wanted to see if we could shift coffee to either later today or perhaps tomorrow? If that's a problem, I can still make it at 10 today, just might be kinda tight.

Also, if you are available for lunch today, that might work well for me

Thanks,

Brady

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Warren, Elizabeth </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=warrene>

To:

Warren, Elizabeth </o=ustreasury/ou=exchange administrative group (fydibohf23spdlt)/cn=recipients/cn=warrene>; Jackson, Peter </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

Cc:

Bcc:

Subject:

Beat Reporters - Tour

Date:

Thu Oct 21 2010 19:04:19 EDT

Attachments:

StartTime: Fri Oct 22 11:00:00 Eastern Daylight Time 2010 EndTime: Fri Oct 22 11:30:00 Eastern Daylight Time 2010 Location:

Invitees:

Recurring: No ShowReminder: No Accepted: Yes AcceptedTime: Thu Oct 21 19:05:00 Eastern Daylight Time 2010

When: Friday, October 22, 2010 11:00 AM-11:30 AM (UTC-05:00) Eastern Time (US & Canada).

Note: The GMT offset above does not reflect daylight saving time adjustments.

*~*~*~*~*~*~*~*~*~*

Maya Jackson-Randall (Dow Jones) Dan Wagner (AP) Ian Katz (Bloomberg) David Clarke (Reuters) Brady Dennis (WaPo) - possibly Joe Adler (American Banker) Ed Wyatt (NYT) Tom Braithwaite (FT) Jim Puzzanghera (LA Times)

Obtained via FOIA by Judicial Watch, Inc.

From:

LeCompte, Jenni

(fydibohf23spdlt)/cn=recipients/cn=geldond>

To:

</o=ustreasury/ou=do/cn=do resources/cn=user accounts/cn=standard users/cn=engebretsenj> Geldon, Daniel

</o=ustreasury/ou=exchange administrative group

Cc:

Adamske, Steven </o=ustreasury/ou=exchange administrative group (fydibohf23spdlt)/cn=recipients/cn=adamskes>; Jackson, Peter </o=ustreasury/ou=exchange administrative group (fydibohf23spdlt)/cn=recipients/cn=jacksonpe>; Adeyemo, Adewale (Wally) </o=ustreasury/ou=do/cn=do resources/cn=user accounts/cn=standard users/cn=adeyemoa>

Bcc:

Subject:

RE: Beat reporter office visit tomorrow

Date:

Thu Oct 21 2010 15:07:59 EDT

Attachments:

(b) (5)

Regardless, one flag on the bullets: On the day EW was announced, we said the CFPB team had 40-50 staff.

Jenni

From: Geldon, Daniel Sent: Thursday, October 21, 2010 2:49 PM To: LeCompte, Jenni Cc: Adamske, Steven; Jackson, Peter; Adeyemo, Adewale (Wally) Subject: Beat reporter office visit tomorrow Importance: High

Hi Jenni,

Obtained via FOIA by Judicial Watch, Inc.

EW has asked us to pull the trigger on inviting a list like the below to meet with her tomorrow and is pushing us to do so soon. We’d like to do so in the next 30 or 45 minutes – this is on her schedule for 11 am tomorrow.

Do you have any thoughts on this? Any additions or subtractions or questions?

I’ve re-attached the bullets we’re currently working with.

Maya Jackson-Randall (Dow Jones)

Dan Wagner (AP)

Ian Katz (Bloomberg)

David Clarke (Reuters)

Deborah Solomon (WSJ)

Brady Dennis (WaPo)

Donna Borak (American Banker)

Ed Wyatt (NYT)

Tom Braithwaite (FT)

Jim Puzzanghera (LA Times)

Michael Kranish (Boston Globe)

Dan

Friday Bullets-wa.docx (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

Friday Press Event Bullets

- Welcome to our new headquarters

o

I told Peter yesterday how we need to invite you over right away so you can see our new space and so we could welcome you here personally and early.

o

We moved here on Wednesday, and this will serve as the launching pad for the CFPB.

o

CFPB implementation team staffers were spread across three different buildings, now we are all here together.

o

I am proud to say the move went without a hitch –we all got here Monday, had a staff celebration on Tuesday, and have been hard at work all week in our new space.

o

We have a little more than 30,000 square feet of space here, and we have the ability to double in size again at this location.

o

We are already exploring options for additional space should we reach capacity before arrangements have been made to move into our permanent headquarters.

- We have been hard at work staffing up the CFPB Implementation team

o

The implementation team will be responsible for standing up the new agency so that it is fully functioning by July 21, 2011.

o

We now have over 50 employees -- including detailees from almost all the contributing agencies (NCUA is only outstanding).

o

During my first month on the job, we have almost doubled our staff .

I am also particularly pleased that our HR staff has more than doubled over the past two weeks.

We’ve been interviewing about a dozen new people each week.

o

We are projecting to double again in size over the next couple months .

o

We have hired a number of subject matter experts .

o

There is an enormous amount of interest in positions, and we have already received more than 1,500 resumes.

o

We expect to conduct the majority of our recruiting and outreach efforts early in 2011 and we’ll search widely across America, not just in Washington.

- Outreach

o

o

o

Over the past month, we have ramped up our outreach efforts to both industry and consumer groups.

On September 21 st

consumer advocates, industry groups and financial literacy experts for a roundtable to begin discussions on CFPB’s task to dramatically simplify mortgage disclosures so they serve as a useful tool for consumers when purchasing a home.

We have also continued to meet with and speak to key stakeholders from the financial

industry.

, we hosted our first public event in Washington, bringing together

I gave a major speech at the Financial Services Roundtable, attended by the key players from this industry.

I have had almost two dozen one-on-one meetings with the heads of major financial institutions and trade associations, and conducted a roundtable discussion with representatives of various chambers of commerce, banking organizations, and financial services organizations.

I’ve also spent time talking directly with investors, who have a big stake in this but often don’t have as much of a policy voice in these issues as I think they ought to.

On Monday, I traveled to New York to talk directly with some folks on Wall

Page 1348 of 7675

Friday Bullets-wa.docx (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

Street who will be affected by this agency.

o

We have also begun to travel outside of the east coast to hear from different groups about CFPB.

Last week, we travelled to Columbus, Ohio to meet with consumer advocates, housing counselors, and credit counselors to talk about the challenges they are facing on the ground, and to hear about their priorities for the bureau.

 

We also met with community bankers in Ohio to hear their concerns regarding and questions about the bureau. I am committed to visiting with community bankers everywhere I travel and to make sure we build a sustained relationship with them and factor in their concerns at every step.

 

Next week, I will travel to San Francisco to meet with consumer groups, community bankers, and leaders in the tech industry to gather ideas about the bureau and on how to best build a 21 st century agency.

 

I should say that I am also hosting a lunch with outside experts on technology issues this Thursday to talk about how we can engage as many Americans as we can in the business of the Bureau moving forward.

o

I am of course also continuing to reach out to advocacy groups.

I have had meetings here with minority advocacy groups, women’s advocacy groups, labor groups, and civil rights groups on CFPB.

This week I went to a reception put together by Americans for Financial Reform.

A couple weeks ago I visited an event the Roosevelt Institute was having on financial reform in New York.

Page 1349 of 7675

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

Blenkinsopp, Alexander (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=blenkinsoppa>

Cc:

Bcc:

Subject:

Emailing: Quotes for Review 2 2 11

Date:

Wed Feb 02 2011 10:45:45 EST

Attachments:

09292010 - FSR Speech Briefing.docx <extracted>

09292010-Brady Dennis-Washington Post.docx <extracted>

20101105

- Cheynne Hopkins - American Banker.docx <extracted>

20101108

- Kiplinger's Follow-Up Questions - DRAFT.docx <extracted>

20101108

- Kiplinger's Follow-Up Questions - FINAL.docx <extracted>

20101109

- American Banker Tech Q.docx <extracted>

20101213

- Cheyenne Hopkins - American Banker.docx <extracted>

20110118

- Maya Jackson Randal - Dow Jones.docx <extracted>

20110128

- Boston Globe Magazine - Shannon Mullen.docx <extracted>

20110128

- Donovan Slack - Boston Globe - Follow Up Questions in Writing.docx

<extracted>

 

20110131

- Center for Public Integrity.docx <extracted>

ELIZABETH WARREN QUOTES.docx <extracted> M-warren interview for Elizabeth Warren's office-psj.docx <extracted> M-warren interview for Elizabeth Warren's office-Warren Edits.docx <extracted> Newsweek - Online version.docx <extracted> Newsweek.docx <extracted> Transcript of Interview with Elizabeth Warren for Bankrate - edits round 1.docx

<extracted>

Transcript of Interview with Elizabeth Warren for Bankrate - FINAL.docx <extracted> 201101xx - Pamela Yip - Dallas Morning News.docx <extracted> 201101xx - Tampa Bay Business Journal.docx <extracted>

20101014 - Cheyenne Hopkins - American Banker.docx <extracted>

Your message is ready to be sent with the following file or link attachments:

Quotes for Review 2 2 11

Note: To protect against computer viruses, e-mail programs may prevent sending or receiving certain types of file attachments. Check your e-mail security settings to determine how attachments are handled.

09292010 - FSR Speech Briefing.docx <extracted> (Attachment 1 of 21)

Obtained via FOIA by Judicial Watch, Inc.

EW Briefing 9/29/2010 Cleared Quotes:

Brady Dennis/Washington Post:

"They may say no. They may say yes but then not follow through. I don’t know, but this is an important first step in the conversation."

While she is seeking a principles-based regulatory approach, Warren said there will still be the need for "very crisp rules”to safeguard against deceptive or predatory practices.

"I welcome partnership with the banks, and I want to work with them to create something sustainable,”she said. “A virtuous market is sustainable over time, but a market that relies on an omniscient regulator is always unstable. The idea behind the new agency is to get something that lasts."

"It is important to me that there be a clear goal for regulation."

"This is the invitation to another approach, and we’ll see what they say,"she said, adding jokingly that, "I am going into a room where there are forks and knives on the table."

Deborah Solomon/Wall Street Journal:

“If you’re talking to the 400 top executives for large financial institutions let’s talk a little turkey.”

On her goal:

“Can the customer understand the product easily, assess its costs and its risks and make apples to apples comparisons –direct comparisons - among the products.”

“Regulation is there to fix the places where the market can’t work.”

On wanting cooperation/buy-in from the industry:

“I want to work with them to create something that’s sustainable. A virtuous market is sustainable over time, but a market that relies on an omniscient regulator is always unstable. The idea behind the new agency is to get something that lasts.”

On the creation of the CFPB:

“It happened because American families’experience of consumer credit is something that has made them deeply angry. It’s tearing a hole in the bottom of their economic boats.”

Dan Wagner/Associated Press:

Page 3 of 7675

09292010 - FSR Speech Briefing.docx <extracted> (Attachment 1 of 21)

Obtained via FOIA by Judicial Watch, Inc.

“There are clean products and dirty products out there. There are probably some good products, on some relative scale, and some worse products. But competition works only if the customer can see it and see what those differences are –only if good products get rewarded and bad products get hurt in a competitive market.”

(The agency was created) “because the American family’s experience of consumer credit is something that has made them deeply angry. It’s tearing a hole in the bottom of their economic boats.”

Fairness to customers means “Can the customer easily understand the product, assess its costs and risks and make apples to apples comparisons –direct comparisons –among products.”

If products are understandable, we can say to financial compaies “the price is up to you. You put it in. You can explain it. What you can’t do is sell a product in a way that nobody can tell what the price is.”As opposed to piling rules upon rules, “I think it’s better for American families to clean out the fine print. That’s what drives me. I also think it’s better for financial institutions, even the big ones.”

“This is the function of regulation: Regulation is there to fix things that the market can’t. It’s not to replace the business decisions. … This is where regulation can actually help the banks and the customers get to a better place than they can get to on their own.

“This is an invitation to another approach, and I hope they’ll work with me … We’ll see what they say.”

Dave Lawder/Reuters:

Regarding how traditional rules-based regulatory approach raises compliance costs for smaller banks and underscores an adversarial relationship between banks and customers: "It locks in this idea that the banks are on one side and customers are on the other, as if consumer credit products are something banks do to their customers rather than for their customers. It locks in an adversarial relationship."

"The consumer agency was the tip of the spear on why financial reform was good for and would work for American families. That happened without millions in lobbying dollars. It happened because American families' experience of consumer credit is something that made them deeply angry and deeply worried."

RE: Approach for a more principles-based relationship that sets out the goal: "This is ultimately far better than the regime in which the products are still laden with incomprehensive text but there's a rule at every turn, forcing the issuers through a series of hurdles to be able to produce a product.

"It aims towards putting banks and their customers back in partnership rather than leaving them in an adversarial relationship."

"A market that relies on an omniscient regulator is always unstable. It works in the short run --

Page 4 of 7675

09292010 - FSR Speech Briefing.docx <extracted> (Attachment 1 of 21)

Obtained via FOIA by Judicial Watch, Inc.

sometimes -- but it can't work forever. So the idea behind the new agency is to get something that lasts."

"Layering 10,000 rules in is not going to turn this into a working relationship. Maybe that's the way we have to go. This is the invitation to another approach. I hope they will work with me."

Page 5 of 7675

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Rich Cordray

Date:

Tue Mar 01 2011 17:17:55 EST

Attachments:

To clarify, that way we can share more of what he plans to say without getting out ahead of the speech too much.

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message----- From: Howard, Jennifer (CFPB) Sent: Tuesday, March 01, 2011 5:10 PM To: 'Brady Dennis' Subject: RE: Rich Cordray

If we did the interview on Thursday, could we embargo for Monday night (so it comes out on Tuesday)?

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 01, 2011 4:19 PM To: Howard, Jennifer (CFPB) Subject: Re: Rich Cordray

(b) (6)

On Behalf Of Brady Dennis

Okay, cool. I'm out of town on Friday and much of Monday, just fyi. But pretty flexible otherwise

On Tue, Mar 1, 2011 at 3:56 PM, <Jennifer.Howard@treasury.gov> wrote:

>

Speaking on March 8. I’m still checking on interview…

>

>

>

>

Jen Howard

Obtained via FOIA by Judicial Watch, Inc.

>

>

>

>

>

>

>

>

>

> C:

>

>

>

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

(b) (6)

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group (fydibohf23spdlt)/cn=recipients/cn=howardje>; Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: CFPB Blog: The CFPB and the Religious Community

Date:

Tue Feb 08 2011 14:37:12 EST

Attachments:

Oh, and: It lasted 1.5 hours this afternoon, and took place at the Eisenhower Executive Office Building.

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message----- From: Howard, Jennifer (CFPB) Sent: Tuesday, February 08, 2011 2:32 PM To: 'Brady Dennis' Subject: RE: CFPB Blog: The CFPB and the Religious Community

On deep background, here is a readout.

The CFPB implementation team and the White House organized this event, which included a diverse group of faith leaders. The goal of the faith roundtable was to listen and solicit input on ways that CFPB can work collaboratively with the faith community to better protect consumers.

Here is a partial list of participating groups:

• Christian Community Development Association

• Esperanza USA

• Industrial Areas Foundation

• The Jewish Federations of North America

• Korean Churches for Community Development

• National Council of Jewish Women

• National Hispanic Christian Leadership Conference

• Progressive National Baptist Convention

• Religious Action Center of Reform Judaism

• Skinner Leadership Institute

• Sojourners

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov

Obtained via FOIA by Judicial Watch, Inc.

O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, February 08, 2011 12:43 PM To: Howard, Jennifer (CFPB) Subject: Re: CFPB Blog: The CFPB and the Religious Community

(b) (6)

Sure.

On Behalf Of Brady Dennis

On Tue, Feb 8, 2011 at 12:40 PM, <Jennifer.Howard@treasury.gov> wrote:

>

>

> Jen Howard

>

>

>

>

> C:

>

>

>

> From:

>

>

>

>

>

>

>

> religious folks and from gov't), time, who organized, agenda, etc

>

>

>

>

>> The CFPB and the Religious Community >> >> By Elizabeth Warren, Assistant to the President and Special Advisor to the >> Secretary of the Treasury on the CFPB >> >> >> >> Today, the Consumer Financial Protection Bureau implementation team will >> hold a roundtable at the White House with key leaders from the religious >> community. >> >> At the new consumer bureau, we spend a lot of time listening. We know that >> when Americans feel overwhelmed by financial problems, many of them turn to >> their ministers or other spiritual leaders for support. These leaders >> witness-up close and personal-the devastation that a financial crisis leaves

>> in its wake. We are particularly interested in hearing from these community >> leaders about what they are seeing on the ground-what financial issues their >> congregations are confronting and what people of faith are doing to help.

I can give you a readout this afternoon, if that works?

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

(b) (6)

-----Original Message-----

(b) (6)

On Behalf Of Brady Dennis

Sent: Tuesday, February 08, 2011 12:39 PM

To: Howard, Jennifer (CFPB)

Subject: Re: CFPB Blog: The CFPB and the Religious Community

Hey. Thanks for sending along.

You know any more details on that meeting -- who is attending (both

?

On Tue, Feb 8, 2011 at 11:47 AM, <Jennifer.Howard@treasury.gov> wrote:

Obtained via FOIA by Judicial Watch, Inc.

>> >> >> >> We also know that religious leaders across the country are wrestling with >> the moral dimensions of the financial crisis of 2008. The crisis revealed >> how the financial system permitted lenders to hide the true costs and risks >> of mortgages and to steer those who trusted them into products they did not >> understand. While some people profited from this business model, across the >> country, millions more suffered through foreclosures, crippling debt, or >> bankruptcy. Personal gain for a few came at the expense of all, as risky and >> complicated mortgage products brought the entire economy to its knees. >> >> >> >> My many conversations with community banks have also reminded me that many >> lenders offered their products in a fair and transparent manner, only to >> find themselves in competition with other lenders that were willing to >> misrepresent the price or hide risks, all in an effort to boost their own >> profits or market share. >> >> Nor were the problems confined to lenders. The system also permitted some >> borrowers to take risks that not only hurt themselves, but also hurt their >> neighbors by driving the value of property higher and then pushing it off a >> cliff when those borrowers defaulted on their loans. Recklessness hurt us >> all. >> >> >> >> Ultimately, the financial crisis harmed both our pockets and our principles. >> The moral dimensions of the crisis run deep. No one should forget that, for >> many centuries, consumer protection laws have been deeply rooted in >> religious and moral traditions. The laws have changed, but the basic notion >> that lending should not be used as an instrument of advantage-taking is >> deeply embedded in our collective consciousness. >> >> >> >> Many people of faith and conscience fought diligently for the consumer >> bureau because they saw that the attitudes and practices that caused the >> financial crisis did not reflect our common values. Enacting the new CFPB >> was a David-versus-Goliath fight, but, in the end, American families >> triumphed. >> >> >> >> With this new consumer bureau, we have an opportunity to provide a direct >> line of support to American families. We will start by working to ensure >> that consumers get the information they need to make the financial decisions >> they believe are best for themselves and their families-that prices are >> clear up front, that risks are visible, and that important terms are not >> buried in fine print. >> >> >> >> By requiring increased transparency, the new consumer bureau can add both to >> the economic security of American families and to the overall strength of

Obtained via FOIA by Judicial Watch, Inc.

>> our economy. It can also provide a level playing field in which all lenders >> will be required to follow the rules. But we know that without values, our >> rules will be hollow. That is why the success of this moment also depends >> upon individuals exercising their responsibility toward one another and >> acting in a way that reaffirms our common values and shared humanity. >> >> >> >> Here at the consumer bureau, we understand that economic security is not >> just about numbers on a balance sheet; it is about families trying to care >> for themselves and others, to secure all they hold dear. It needs to be >> valued as such. I'm looking forward to today's conversation. >> >> >>

>> http://www.consumerfinance.gov/2011/02/08/the-cfpb-and-the-religious-community/ >> >> >> >> Jen Howard >> >> Senior Spokesperson >> >> Consumer Financial Protection Bureau Implementation Team >> >> E: Jennifer.Howard@treasury.gov >> >> O: 202-435-7454 >>

>> C:

(b) (6)

>>

 

>>

>

>

>

>

--

>

Brady Dennis

>

>

>

(b) (6)

>

--

The Washington Post

dennisb@washpost.com

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: hey

Date:

Tue Mar 22 2011 18:03:41 EDT

Attachments:

I'm here. Happy to chat.

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 22, 2011 6:03 PM To: Howard, Jennifer (CFPB) Subject: hey

(b) (6)

you in San Diego?

On Behalf Of Brady Dennis

what's the deal on this Granholm thing? was she offered the job?

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Holly Petraeus Letter to James Dimon - Feb 1 2011.pdf (Attachment 1 of 1)

Obtained via FOIA by Judicial Watch, Inc.

Page 60 of 7675

Obtained via FOIA by Judicial Watch, Inc.

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: hey

Date:

Tue Mar 01 2011 19:17:38 EST

Attachments:

Ok, those lines are good to go. The letter is being tweaked, so don't link to it or anything. Could you hold off posting story online until we can get the letter out? (don't want members of Congress to read about it in your story before they even get the letter).

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 01, 2011 7:01 PM To: Howard, Jennifer (CFPB) Subject: hey

(b) (6)

Are we good to go?

Here's the line I was planning on adding:

On Behalf Of Brady Dennis

Later Tuesday, Warren sent a letter to two members of the House committee, reiterating that "our interactions with small financial services providers have had a real impact on the work we are doing," and "we've taken every

opportunity to let small companies know that this office is open to them."*

*

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

(b) (6) >> From: On Behalf Of Brady Dennis >> Sent: Tuesday, February 01, 2011
(b) (6)
>> From:
On Behalf Of Brady Dennis
>> Sent: Tuesday, February 01, 2011 5:08 PM
>> To: Howard, Jennifer (CFPB)
>> Subject: hey
>>
>> hey jen. doing an item on Holly Petraeus letter. do you have this
>> separate letter she sent Jamie Dimon? thanks.
>>
>> Also, 7 p.m. okay? I'm up for whatever. Wanna try somewhere near Dupont Circle?
>>
>> --
>> Brady Dennis
>> The Washington Post
>> dennisb@washpost.com
(b) (6)
>>
>>
>
>
>
>
--
>
Brady Dennis
>
The Washington Post
>
dennisb@washpost.com
(b) (6)
>
>
--
Brady Dennis
The Washington Post
dennisb@washpost.com
(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: today

Date:

Tue Nov 09 2010 10:07:06 EST

Attachments:

No worries--a little bit of late notice on my part and I know they've got you running in a few different directions. Looking forward to Monday as well.

Best,

Peter

-----Original Message-----

From:

Sent: Tuesday, November 09, 2010 9:44 AM To: Jackson, Peter Subject: today

(b) (6)

On Behalf Of Brady Dennis

Hey Peter. Unfortunately, don't think I'm going to be able to make it over to Georgetown this afternoon. Thanks for thinking of me, though. I'll look forward to trying to sit down with Prof. Warren again soon. Meantime, also will look forward to meeting up on Monday

-brady

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: cfpb

Date:

Tue Oct 26 2010 19:00:17 EDT

Attachments:

Sorry about that. Elizabeth and I are venturing west tomorrow to Berkeley so she can give a big speech there Thursday night. We'll make sure you get an early copy under an embargo that lifts when the speech starts. As for seeing the new digs, perhaps you can drop by late next week? Let me know what might work well for you.

Peter

-----Original Message-----

From:

Sent: Monday, October 25, 2010 7:06 PM To: Peter Jackson; Jackson, Peter Subject: cfpb

(b) (6)

On Behalf Of Brady Dennis

Hey Peter. My apologies for not getting back to you last week. I was traveling and actually didn't get your messaging about meeting with Elizabeth until after it was too late. Too bad, because I absolutely would have come over had I been in town. Hope we can set something up again soon. I'd like to check out the new digs

-Brady

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Rich Cordray

Date:

Tue Mar 01 2011 17:39:33 EST

Attachments:

Yep

like

11ish?

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 01, 2011 5:39 PM To: Howard, Jennifer (CFPB) Subject: RE: Rich Cordray

(b) (6)

On Behalf Of Brady Dennis

That might just work. Let me check with the editors. Is Thurs morning a possibility?

On Mar 1, 2011 5:09 PM, <Jennifer.Howard@treasury.gov> wrote:

>

> If we did the interview on Thursday, could we embargo for Monday night (so it comes out on Tuesday)?

>

> Jen Howard

>

>

>

>

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

>

C:

(b) (6)

 

>

>

>

-----Original Message-----

 

>

From:

(b) (6)

On Behalf

Of Brady Dennis

>

Sent: Tuesday, March 01, 2011 4:19 PM

>

To: Howard, Jennifer (CFPB)

>

Subject: Re: Rich Cordray

>

>

Okay, cool. I'm out of town on Friday and much of Monday, just fyi. But

 

>

pretty flexible otherwise

>

>

On Tue, Mar 1, 2011 at 3:56 PM, <Jennifer.Howard@treasury.gov> wrote:

Obtained via FOIA by Judicial Watch, Inc.

>

>

> Speaking on March 8. I'm still checking on interview

>

>

>

>

>

>

>

> Jen Howard

 

>

>

>

> Senior Spokesperson

>

>

>

> Consumer Financial Protection Bureau Implementation Team

>

>

>

> E: Jennifer.Howard@treasury.gov

>

>

>

> O: 202-435-7454

 

>

>

>

> C:

(b) (6)

 

>

>

>

>

>

>

>

>

>

>

--

>

Brady Dennis

 

>

The Washington Post

 

>

dennisb@washpost.com

>

(b) (6)

 

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Rich Cordray

Date:

Tue Mar 01 2011 17:41:48 EST

Attachments:

Also, not really newsy, but here is what Professor Warren said today: http://www.reuters.

com/article/2011/03/01/us-finance-summit-warren-healing-idUSTRE72074Z20110301

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 01, 2011 5:39 PM To: Howard, Jennifer (CFPB) Subject: RE: Rich Cordray

(b) (6)

On Behalf Of Brady Dennis

That might just work. Let me check with the editors. Is Thurs morning a possibility?

On Mar 1, 2011 5:09 PM, <Jennifer.Howard@treasury.gov> wrote:

>

> If we did the interview on Thursday, could we embargo for Monday night (so it comes out on Tuesday)?

>

> Jen Howard

>

>

>

>

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

>

C:

(b) (6)

 

>

>

>

-----Original Message-----

 

>

From:

(b) (6)

On Behalf

Of Brady Dennis

>

Sent: Tuesday, March 01, 2011 4:19 PM

>

To: Howard, Jennifer (CFPB)

>

Subject: Re: Rich Cordray

>

>

Okay, cool. I'm out of town on Friday and much of Monday, just fyi. But

 

>

pretty flexible otherwise

>

Obtained via FOIA by Judicial Watch, Inc.

>

On Tue, Mar 1, 2011 at 3:56 PM, <Jennifer.Howard@treasury.gov> wrote:

>

>

> Speaking on March 8. I'm still checking on interview

>

>

>

>

>

>

>

> Jen Howard

 

>

>

>

> Senior Spokesperson

 

>

>

>

> Consumer Financial Protection Bureau Implementation Team

>

>

>

> E: Jennifer.Howard@treasury.gov

>

>

>

> O: 202-435-7454

 

>

>

>

> C:

(b) (6)

 

>

>

>

>

>

>

>

>

>

>

--

>

Brady Dennis

 

>

The Washington Post

 

>

dennisb@washpost.com

>

(b) (6)

 

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Hey

Date:

Tue Mar 08 2011 19:07:32 EST

Attachments:

Great, no rush. Just keep me posted. (Your job is insane!)

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Tuesday, March 08, 2011 7:06 PM To: Howard, Jennifer (CFPB) Subject: Re: Hey

(b) (6)

On Behalf Of Brady Dennis

Hey there. Sorry, I've been off in Libya world. Thanks for sending along Rich's comments to the AGs. Looking unlikely that I get around to a story this week, but hopefully soon. It was good to finally meet him. Thanks again for setting it up

On Tue, Mar 8, 2011 at 1:28 PM, <Jennifer.Howard@treasury.gov> wrote:

Just checking in re: Rich Cordray interview….no pressure or anything….

>

>

>

>

> Jen Howard

>

>

>

>

>

>

>

>

>

> C:

>

>

>

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Background Briefing on CFPB Organization and Hiring

Date:

Mon Dec 20 2010 11:22:17 EST

Attachments:

Yes. I'm about to send out the info. I'll make sure you're on the list.

Thanks for joining us last week at our little celebration. I very much enjoyed your take on it in Saturday's Post.

Peter

-----Original Message-----

From:

Sent: Monday, December 20, 2010 11:21 AM To: Jackson, Peter (CFPB) Subject: Re: Background Briefing on CFPB Organization and Hiring

(b) (6)

Behalf Of Brady Dennis

Hi Peter. Are you guys still planning a call later today? Thanks, Brady

On Fri, Dec 17, 2010 at 6:34 PM, <Peter.Jackson@do.treas.gov> wrote:

 

> All—

>

>

>

>

I wanted to give you a heads up that we’re looking to organize a background

>

briefing with two senior CFPB implementation team members for you on Monday,

>

December 20, at 1pm via teleconference. We want to provide you an update on

>

our operations and personnel and the opportunity to ask questions on those

>

topics.

>

>

>

>

Please let me know if you’d like to participate. I’ll provide call-in

>

information and more details on format Monday morning.

>

>

>

>

Thanks and best wishes for the weekend.

>

>

>

>

Peter

>

>

>

>

Obtained via FOIA by Judicial Watch, Inc.

>

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

Obtained via FOIA by Judicial Watch, Inc.

>> The Washington Post >> dennisb@washpost.com

>>

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: Drinks next week?

Date:

Wed Jan 26 2011 12:31:39 EST

Attachments:

Done! I'll pencil it in.

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Wednesday, January 26, 2011 12:31 PM To: Howard, Jennifer (CFPB) Subject: Re: Drinks next week?

(b) (6)

Hey Jen:

On Behalf Of Brady Dennis

I'm actually going to be away on Thursday and Friday next week. Why don't we aim for Tuesday and see how things look that day? Work for you?

On Wed, Jan 26, 2011 at 12:25 PM, <Jennifer.Howard@treasury.gov> wrote:

> Hey Brady-

>

>

>

>

>

>

>

>

> Jen Howard

>

>

>

>

>

>

>

>

>

> C:

Do you have time next week to meet for drinks? I’m thinking Thursday, but

really, I’m free every day but Wednesday….

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

>

>

>

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Howard, Jennifer (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=howardje>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: OTR Chat with Raj Date

Date:

Wed Apr 20 2011 11:44:54 EDT

Attachments:

I think Raj is out for much of next week

I'll

circle back with some new suggestions on timing

Jen Howard Senior Spokesperson Consumer Financial Protection Bureau Implementation Team E: Jennifer.Howard@treasury.gov O: 202-435-7454

C:

(b) (6)

-----Original Message-----

From:

Sent: Wednesday, April 20, 2011 11:43 AM To: Howard, Jennifer (CFPB) Subject: Re: OTR Chat with Raj Date

(b) (6)

On Behalf Of Brady Dennis

Hey, not sure yet but looks like Friday might be kinda hectic. Any chance Monday might work?

On Mon, Apr 18, 2011 at 11:38 AM, <Jennifer.Howard@treasury.gov> wrote:

I am so so unbelievably jealous.

>

>

>

>

> Jen Howard

>

>

>

>

> C:

>

>

>

> From:

> Of Brady Dennis

>

>

>

>

>

>

>

How about we say tentatively Friday at 2 pm?

Senior Spokesperson

Consumer Financial Protection Bureau Implementation Team

E: Jennifer.Howard@treasury.gov

O: 202-435-7454

(b) (6)

-----Original Message-----

(b) (6)

On Behalf

Sent: Monday, April 18, 2011 11:35 AM

To: Howard, Jennifer (CFPB)

Subject: Re: OTR Chat with Raj Date

Yeah, I had a blast. And a close second was sitting on a beach last week

beside a cooler full of Coronas :)

Obtained via FOIA by Judicial Watch, Inc.

>

Maybe later this week on Raj?

>

>

On Mon, Apr 18, 2011 at 11:29 AM, <Jennifer.Howard@treasury.gov> wrote:

>

>

> Congrats on getting married!!! Did you have fun at the wedding???

>

>

>

>

>

>

>

> Not much last week. Professor Warren spoke at NAAG:

>

>

>

http://www.consumerfinance.gov/speech/remarks-to-the-national-association-of-attorneys-general-

presidential-initiative-summit/

> >

> >

> >

> > OTR, came across this interesting nugget in Jamie Dimon's recent letter

> to

> > shareholders:

> >

> http://files.shareholder.com/downloads/ONE/1201956848x0x457315/cc3470a5-514f-4ade-9084-

17db45e870dc/2010_JPMC_AR_letter.pdf

> >

> >

> >

> > *We need to create a Consumer Financial Protection Bureau that is

> > effective for both consumers and banks*

> >

> >

> >

> > It has been widely reported that we were against the creation of a

> Consumer

> > Financial Protection Bureau (CFPB). We were not - we were against the

> > creation of a standalone CFPB, operating separately and apart from

> whatever

> > regulatory agency already had oversight authority over banks. We thought

> > that a CFPB should have been housed within the banking regulators and

> with

> > proper authority within that regulator. This would have avoided the

> overlap,

> > confusion and bureaucracy created by competing agencies.

> >

> >

> >

> > However, we fully acknowledge that there were many good reasons that led

> to

> > the creation of the CFPB and believe that if the CFPB does its job well,

> the

> > agency will benefit American consumers and the system. Strong regulatory

> > standards, adequate review of new products and transparency to consumers

> all

> > are good things. Indeed, had there been stronger standards in the

> mortgage

> > markets, one huge cause of the recent crisis might have been avoided.

> Other

> > countries with stricter limits on mortgages, such as higher loan-to-value

> > ratios, didn't experience a mortgage crisis comparable with ours.

Obtained via FOIA by Judicial Watch, Inc.

> >

> >

> >

> > As recently as five years ago, most Americans would have called the U.S.

> > mortgage market one of the best in the world - boy, was that wrong! What

> > happened to our system did not work well for any market participant -

> lender

> > or borrower - and a careful rewriting of the rules would benefit all.

> >

> >

> >

> > Let me know re: timing with Raj!

> >

> >

> >

> > Jen Howard

> >

> > Senior Spokesperson

> >

> > Consumer Financial Protection Bureau Implementation Team

> >

> > E: Jennifer.Howard@treasury.gov

> >

> > O: 202-435-7454

> >

> (b) (6)

> C:

> O: 202-435-7454 > > > (b) (6) > C: > > > > > >

> >

> >

> >

> >

> >

> > -----Original Message-----

> > From:

> > Of Brady Dennis

> > Sent: Monday, April 18, 2011 11:24 AM

> > To: Howard, Jennifer (CFPB)

> > Subject: Re: OTR Chat with Raj Date

> >

> >

> >

> > Hey! I was off all last week (and actually not officially back until

> >

> > tomorrow), but I'm definitely up for dropping by to talk with Raj

> soon

> >

> >

> >

> > What else did I miss last week?

> >

> >

> >

> > On Mon, Apr 11, 2011 at 11:13 AM, <Jennifer.Howard@treasury.gov> wrote:

> >

> >

> >

> > > Hey Brady-

(b) (6)

On Behalf

Obtained via FOIA by Judicial Watch, Inc.

> >

> > >

> >

> > >

> >

> > >

> >

> > > Hope all is well! Do you want to come in sometime this week and speak

> > with

> >

> > > Raj off the record? Now that he's taken on the associate director role,

> I

> >

> > > want to make sure that reporters have a chance to get to know him.

> >

> > >

> >

> > >

> >

> > >

> >

> > > Let me know.

> >

> > >

> >

> > >

> >

> > >

> >

> > > Jen Howard

> >

> > >

> >

> > > Senior Spokesperson

> >

> > >

> >

> > > Consumer Financial Protection Bureau Implementation Team

> >

> > >

> >

> > > E: Jennifer.Howard@treasury.gov

> >

> > >

> >

> > > O: 202-435-7454

> >

> > >

> >

> (b) (6)

> > C:

> > > > > > (b) (6) > > C: > > > > >

> >

> > >

> >

> > >

> >

> > >

Obtained via FOIA by Judicial Watch, Inc.

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> --

 

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> Brady Dennis

 

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> The Washington Post

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> dennisb@washpost.com

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(b) (6)

 

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--

>

Brady Dennis

 

>

The Washington Post

>

dennisb@washpost.com

>

(b) (6)

 

>

--

Brady Dennis The Washington Post dennisb@washpost.com

(b) (6)

Obtained via FOIA by Judicial Watch, Inc.

From:

Jackson, Peter (CFPB) </o=ustreasury/ou=exchange administrative group

(fydibohf23spdlt)/cn=recipients/cn=jacksonpe>

To:

Brady Dennis <dennisb@washpost.com>

Cc:

Bcc:

Subject:

RE: [spam] Re: [spam] Re: [spam] Re: Warren: Welcoming Holly Petraeus to the CFPB

Implementation Team (WH Blog)

Date:

Thu Jan 06 2011 16:27:09 EST

Attachments:

Sure thing. That's correct.

-----Original Message-----

From:

Sent: Thursday, January 06, 2011 4:26 PM To: Jackson, Peter (CFPB) Subject: [spam] Re: [spam] Re: [spam] Re: Warren: Welcoming Holly Petraeus to the CFPB Implementation Team (WH Blog)

(b) (6)

On Behalf Of Brady Dennis

Ha, gotta love that GS scale and all the other acronyms. Should've just looked that up first before hounding you. Thanks again.

So, if I'm reading correctly, is it accurate to say that her salary hasn't been finalized but will fall somewhere between $119,554 and $179,700?

On Thu, Jan 6, 2011 at 4:22 PM, <Peter.Jackson@do.treas.gov> wrote:

Sorry, I've been in government too long. This ought to explain:

>

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> From:

> Of Brady Dennis

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http://www.opm.gov/ses/performance/salary.asp

-----Original Message-----

(b) (6)

On Behalf

Sent: Thursday, January 06, 2011 4:20 PM

To: Jackson, Peter (CFPB)

Subject: [spam] Re: [spam] Re: Warren: Welcoming Holly Petraeus to the CFPB

Implementation Team (WH Blog)

Is there at least a ballpark? Surely she was given a sense of what the job

Thanks again, Peter

On Thu, Jan 6, 2011 at 4:17 PM, <Peter.Jackson@do.treas.gov> wrote:

> She will be SES (senior executive service) but her exact salary isn't

final

> yet.

>

Obtained via FOIA by Judicial Watch, Inc.

Obtained via FOIA by Judicial Watch, Inc.

> > > >> Hey Peter:

> > > >>

> > > >> Couple of quick questions on the Holly Petraeus appointment today.

> > > >>

> > > >> 1) Not sure I can make it over to the 2 p.m. announcement. Do you

> guys

> > > >> plan

> > > >> to record and/or publish Elizabeth's remarks there?

> > > >>

> > > >> 2) What will Holly Petraeus' salary be?

> > > >>

> > > >> Many thanks,

> > > >> Brady

> > > >>

> > > >>

> > > >> On Thu, Jan 6, 2011 at 8:53 AM, <Peter.Jackson@do.treas.gov> wrote:

> > > >>

> > > >> >

> > > >> >

> > > >>

> > >

> >

> http://www.whitehouse.gov/blog/2011/01/06/welcoming-holly-petraeus-consumer-financial-protection-

bureau-implementation-team

> > > >> >

> > > >> >

> > > >> >

> > > >> > The White House Blog

> > > >> >

> > > >> >

> > > >> >

> > > >> > *Welcoming Holly Petraeus to the Consumer Financial Protection

> > Bureau

> > > >> > Implementation Team*

> > > >> >

> > > >> > Posted by Elizabeth Warren on January 06, 2011 at 05:30 AM EST

> > > >> >

> > > >> >

> > > >> >

> > > >> > Today, nearly 300,000 American men and women are serving overseas,

> > > often

> > > >> in

> > > >> > harsh conditions and at grave risk. For many of these brave men

> and

> > > >> women,

> > > >> > the challenge of everyday life experienced by their families back

> > home

> > > >> is a

> > > >> > significant worry, as loved ones struggle with car payments,

> credit

> > > card

> > > >> > bills, and trying to find the cash needed to cover unexpected

> > > expenses.

> > > >> >

> > > >> >

> > > >> >

Obtained via FOIA by Judicial Watch, Inc.

> > > >> > Regrettably, the evidence is clear: servicemembers and their

> > families

> > > >> are

> > > >> > sometimes easy targets for unscrupulous lenders. Even families

> that

> > > >> stay

> > > >> > with mainstream lenders can struggle as the impact of separation

> and

> > > >> > frequent moving takes a financial toll, leaving a family mired in

> > debt

> > > >> and

> > > >> > trying to digest reams of fine print.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Today, we have good news to report.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Holly Petraeus will take on a new role at the Consumer Financial

> > > >> Protection

> > > >> > Bureau Implementation Team, directing our effort to establish an

> > > Office

> > > >> of

> > > >> > Servicemember Affairs.

> > > >> >

> > > >> >

> > > >> >

> > > >> > I had been at the consumer agency for only a couple of weeks when

> I

> > > met

> > > >> > Holly. After we introduced ourselves, she got straight to the

> > point:

> > > >> > despite strong efforts by the Department of Defense and others,

> too

> > > many

> > > >> > military families find themselves in financial trouble, scrambling

> > > hard

> > > >> to

> > > >> > deal with mounting debts or falling into the arms of a predatory

> > > lender.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Holly was then serving as the Director of the Better Business

> Bureau

> > > >> (BBB)

> > > >> > Military Line, a partnership between the BBB and the Department of

> > > >> Defense

> > > >> > Financial Readiness Campaign that provides consumer education and

> > > >> advocacy

> > > >> > for servicemembers and their families. She knew the challenges

> > facing

> > > >> > military families. Her son, brother, father, grandfather, and

> > > >> > great-grandfather all served in our armed forces. Her husband,

> > > General

Obtained via FOIA by Judicial Watch, Inc.

> > > >> > David Petraeus, is serving now as Commander of the International

> > > >> Security

> > > >> > Assistance Force and U.S. Forces in Afghanistan.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Holly was doing her best to help by teaching financial education

> > > classes

> > > >> to

> > > >> > military personnel and in other ways, but she thought that as a

> > > country

> > > >> we

> > > >> > needed to do more-and she thought the new consumer agency was the

> > way

> > > to

> > > >> get

> > > >> > things done. She listed one idea after another, focusing on

> better

> > > law

> > > >> > enforcement, tighter rules, and stronger financial education. She

> > > >> wanted to

> > > >> > see action now.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Wow, I thought. This woman is fired up.

> > > >> >

> > > >> >

> > > >> >

> > > >> > It soon became clear that Holly would be the perfect person to

> guide

> > > the

> > > >> > establishment of the office. She is the kind of leader we need.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Holly understands-from both her personal experience as a military

> > > spouse

> > > >> > and her work at BBB-that men and women in our armed forces

> encounter

> > > >> unique

> > > >> > financial obstacles.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Recently-enlisted servicemembers often experience their first

> steady

> > > >> > paycheck and their first opportunity to be lured into easy credit

> > > >> offers.

> > > >> > Far too many also get tangled in debt traps. A recent online

> survey

> > > >> > commissioned by the FINRA Foundation found that almost one in four

> > of

> > > >> the

> > > >> > enlisted personnel or junior NCO respondents had used a high-cost

> > > >> > alternative borrowing method, such as a payday or auto title loan,

Obtained via FOIA by Judicial Watch, Inc.

> > in

> > > >> the

> > > >> > previous five years. The same survey found that mainstream credit

> > > >> products

> > > >> > can also pose problems: in the previous year, 53 percent of the

> > > enlisted

> > > >> > personnel and junior NCOs had made only the minimum payment on a

> > > credit

> > > >> > card, and 30 percent had made a late payment.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Financial problems can be a dangerous distraction for our troops.

> > As

> > > >> > Undersecretary of Defense for Personnel and Readiness Clifford L.

> > > >> Stanley

> > > >> > wrote last year, servicemembers "and their families are under

> > > increasing

> > > >> > stress. When we have asked in surveys about the causes,

> > > servicemembers

> > > >> > responded that finances were second only behind work and career

> > > concerns

> > > >> and

> > > >> > ahead of deployments, health, life events, family relationships

> and

> > > >> > war/hostilities." Financial problems can also lead troops to lose

> > > their

> > > >> > often essential security clearances. For example, the Department

> of

> > > the

> > > >> > Navy reported in 2007 that financial management issues accounted

> for

> > > 78

> > > >> > percent of security clearance revocations and denials for Navy

> > > >> personnel.

> > > >> >

> > > >> >

> > > >> >

> > > >> > Those who serve in the military should be able to focus on their

> > jobs

> > > >> and

> > > >> > their families without having to worry about getting trapped by

> > > abusive

> > > >> > financial practices. America's national security depends on that

> > > basic

> > > >> > premise. As Undersecretary Stanley wrote, the "personal financial

> > > >> readiness

> > > >> > of our troops and families equates to mission readiness." > Secretary

> > > of

> > > >> the

> > > >> > Army John McHugh similarly has argued that "Soldiers who are

> > > distracted

> > > >> by

> > > >> > financial issues at home are not fully focused on fighting the

> > enemy,

Obtained via FOIA by Judicial Watch, Inc.

> > > >> > thereby decreasing mission readiness."

> > > >> >

> > > >> >

> > > >> >

> > > >> > In her role at the new agency, Holly will continue her work to

> > > >> strengthen

> > > >> > consumer financial protection for servicemembers. The Office of

> > > >> > Servicemember Affairs will work in partnership with the Department

> > of

> > > >> > Defense to help ensure that: military families receive the

> financial

> > > >> > education they need to make the best financial decisions for them;

> > > >> > complaints and questions from military families are monitored and

> > > >> responded

> > > >> > to; and federal and state agencies coordinate their activities to

> > > >> improve

> > > >> > consumer protection measures for military families.

> > > >> >

> > > >> >

> > > >> >

> > > >> > This month, Holly and I will visit Lackland Air Force base in San

> > > >> Antonio,

> > > >> > Texas, where all three of my brothers took basic training. We

> will

> > > hear

> > > >> > from servicemembers and financial counselors about the unique

> > lending

> > > >> > circumstances and challenges facing military communities. In this

> > and

> > > >> in

> > > >> > our later trips, we will ask many questions, listen to our troops,

> > and

> > > >> apply

> > > >> > what we learn directly to our efforts.

> > > >> >

> > > >> >

> > > >> >

> > > >> > The goal of the new agency is to provide basic consumer protection

> > and

> > > >> to

> > > >> > be a voice for American families. Military families have unique

> > > >> challenges,

> > > >> > and now they have a unique advocate to ensure that their special

> > > >> concerns

> > > >> > get the attention they deserve.

> > > >> >

> > > >> >

> > > >> >

> > > >> > *Elizabeth Warren is Assistant to the President and Special

> Advisor

> > to

> > > >> the

> > > >> > Secretary of the Treasury for the Consumer Financial Protection

> > > Bureau*

> > > >> >

> > > >>

Obtained via FOIA by Judicial Watch, Inc.

>

> > >>

 

>

> > >>

>

> > >> --

 

>

> > >> Brady Dennis

 

>

> > >> The Washington Post

>

> > >> dennisb@washpost.com

>

> > >>

(b) (6)

 

>

> > >>

 

>

> > >

 

>

> > >

>

> > >

>

> > > --

 

>