Fed appoints new consumer director

Sandra Braunstein became director of the Federal Reserve Board's division of consumer and community affairs on April 1. She replaced Dolores S. Smith, who retired after 28 years.

In her new role, Braunstein will oversee about 85 people, and direct a division that implements federal laws designed to inform and protect consumers. Among other things, the division promotes access to banking services in historically underserved markets through a number of means, including applications analysis

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