Dan Smith, who serves as Assistant Director for the CFPB’s Office of Financial Institutions and Business Liaison, will be leaving the Bureau in June.  The American Bankers Association has announced that Mr. Smith has been named senior vice president and executive director of its Card Policy Council.

The announcement regarding Mr. Smith follows reports earlier this week that another CFPB official, Kristen Donoghue, has resigned.  Ms. Donoghue has served as the CFPB’s Assistant Director of Enforcement since November 2017.