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Dodd-Frank drafter to head NCUA’s consumer protection office

Debbie Matz

Debbie Matz, the board chairwoman of the National Credit Union Administration, said on Friday that Gail Laster, an attorney who assisted in drafting the Dodd-Frank Act, had been chosen as NACU’s new director of its consumer protection office.

“Gail’s extensive background in consumer protection, community development and financial services makes her an ideal choice as the next director of our Office of Consumer Protection,” Matz said, according to Credit Union Times. “She’s an expert in policy, understands how to work with an array of constituencies and brings the kind of consumer-focused approach that is central to our mission.”

Laster will replace Kent Buckham, who is retiring at the end of the year, and will join the NCUA board on Nov. 19.

Laster spent the past five years as deputy chief counsel to the House Financial Services Committee. Before joining the HFSC, Laster served as general counsel to the Department of Housing and Urban Development, counsel to the Senate Judiciary and Labor and Human Resources committees, and director of governmental relations at the Legal Services Corp, Credit Union Times reports.

Additionally, Laster earned her undergraduate degree from Yale University before graduating from the New York University School of Law.

Matz also praised Buckham, saying that NCUA would miss his dedication to “[the agency]‘s mission, willingness to undertake challenging assignments and positive outlook,” according to Credit Union Times.

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