Benjamin K. Olson is a recognized authority in the field of consumer financial protection regulation, drawing on broad experience as a federal policymaker, private law firm advisor, and in-house compliance officer. He is currently the Senior Associate Director for Consumer Protection & Supervision in the Federal Reserve Board's Division of Consumer & Community Affairs.
Prior to rejoining the Board, Mr. Olson led Global Card Compliance at Capital One and was a partner at Buckley LLP, where he advised financial institutions on compliance with federal and state consumer protection requirements; preparing for and responding to regulatory examinations, investigations, and enforcement actions; and implementing major regulatory changes. In particular, he has deep expertise in the Truth in Lending Act, Equal Credit Opportunity Act, Real Estate Settlement Procedures Act, and Military Lending Act.
Prior to joining Buckley, Mr. Olson served as the Deputy Assistant Director for the CFPB's Office of Regulations, where he oversaw numerous rulemakings, including the TILA-RESPA Integrated Disclosure rule, Ability-to-Repay/Qualified Mortgage rule, Mortgage Servicing rules, and Loan Originator Compensation rule. Before joining the CFPB, he played a leading role in the Federal Reserve Board's development of new rules regulating the credit card industry, including the rules implementing the CARD Act of 2009. Prior to that, he served as an enforcement attorney in the FTC's Division of Financial Practices.
Mr. Olson served as law clerk to the Honorable Emilio M. Garza on the United States Court of Appeals for the Fifth Circuit. He received his J.D. from Georgetown University and his B.A. from Tulane University.
Washington D.C.
Contact Info:
Federal Reserve Board
20th & Constitution Avenue, NW Office I-3925 Washington, DC 20551
