Christopher Young is an expert in consumer financial services and banking law with over 25 years experience. Chris serves as Deputy Assistant Director for Supervision Policy at the Consumer Financial Protection Bureau. Prior to joining the CFPB Chris advised the Maryland Commissioner of Financial Regulation on state and federal banking and consumer financial matters. Chris began his career in private practice representing banks and nonbank financial services companies.
At the CFPB Chris played a key role in building its supervision program from the ground up. Chris joined the CFPB in 2011 where he addressed foundational questions of law, interpreting the Consumer Financial Protection Act of 2010 relating to the CFPB's supervisory authority. Chris now manages a team of attorneys that provide advice on the supervision of very large depositories, nonbanks, and service providers. Areas of focus include unfair, deceptive, or abusive acts or practices and consumer privacy. One of Chris' significant accomplishments is the development of the CFPB's supervision program assessing information technology at supervised entities that may impact compliance with Federal consumer financial law and consumer risk. Before joining the CFPB Chris represented the Maryland Commissioner of Financial Regulation as an Assistant Attorney General. Chris provided legal guidance on financial regulatory policy and drafted legislation and regulations. Chris focused on state and federal law relating to banks, credit unions, non-depository trust companies, and nonbanks including mortgage companies, installment consumer lenders, finance companies, debt management companies, check cashers, and collection agencies. While in private practice Chris represented banks and bank holding companies on consumer financial law issues relating to mortgage lending, consumer installment lending, Community Reinvestment Act compliance, and privacy. Chris also advised national retail businesses on consumer-finance matters, designing consumer credit programs and negotiating consumer financing program agreements with major bank and nonbank lenders.
