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One question, no assurances

Jim Henry is a special correspondent for Automotive News

Raj Date, associate director for research, markets and regulation at the new Consumer Financial Protection Bureau, tried to be reassuring when he spoke at the Consumer Bankers Association “CBA Live” conference last week.

He had lots of calming things to say about how the bureau would be careful to work with industries, solicit feedback, make decisions based on data, be fair and transparent, etc., etc.

But Date (DAH’-tay) vanished when I asked him if he could repeat those reassuring statements specifically for auto lenders. After I asked my question, a stagehand interrupted and asked him to come backstage to remove his mic.

Date never returned, disappearing out the back way. He even left his briefcase behind. Somebody must have picked it up because it was gone when I looked.

I guess that means “no comment.”



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