Leonard Chanin is a recognized expert in the field of consumer financial protection,
with extensive experience in regulation and supervision of financial institutions.
Prior to his current job, Mr. Chanin counseled financial institutions on consumer financial
services law issues. Mr. Chanin regularly advised clients on issues relating to the
Truth in Lending Act, Electronic Fund Transfer Act, Fair Credit Reporting Act, Truth
in Savings Act and Equal Credit Opportunity Act.
Mr. Chanin is Senior Advisor to Governor Bowman of the Federal Reserve Board in
Washington, D.C. Mr. Chanin was previously Deputy to the Chairman of the Federal Deposit
Insurance Corporation. Prior to that position, he was SVP/Deputy General Counsel at Fifth Third Bank,
and previously Mr. Chanin was a partner at Morrison & Foerster. Before working at
Morrison & Foerster, Mr. Chanin served as the Assistant Director of the Office of
Regulations of the Consumer Financial Protection Bureau. There, he headed the agency’s
rulemaking team by supervising nearly 40 lawyers responsible for promulgating rules and
regulations implementing consumer financial protection legislation. He also provided legal
opinions to Bureau supervisory and enforcement offices on federal consumer financial protection
laws.
Prior to joining the CFPB, Mr. Chanin served as Deputy Director of the Division of
Consumer and Community Affairs at the Federal Reserve Board. During his tenure at the Federal
Reserve Board, Mr. Chanin oversaw the Board’s regulatory activities for consumer
financial services laws and provided legal opinions and policy recommendations to the
Board and the Division on federal consumer financial services laws. He also negotiated
rules and policies with the other federal banking agencies and provided legal views
on enforcement actions against state member banks.