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Mr. Date could not be reached.
Mr. Date is seen as a compromise candidate.
Yet, roads and regulatory approvals are improving, Mr. Date said.
Mr. Date likened excessive student borrowing to risky mortgages.
"Consumers won't drown in page after page of difficult-to-understand terms," Mr. Date said.
Mr. Date has an impressive résumé, but not nearly as impressive as Ms. Warren's.
Mr. Date said his biggest challenge was finding, training and keeping qualified engineers.
"The sad thing is that Ted never became rich out of his idea," Mr. Date said.
Mr. Date is just filling in, originally hired as the bureau's associate director, until the Senate confirms a leader.
"For the first time, nondepository institutions will be federally supervised alongside their depository counterparts," Mr. Date said.
Mr. Date is not the only official at the new agency whose background in the financial industry has attracted attention.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com