FacultyFaculty/Author Profile
Nicholas Smyth

Nicholas Smyth

Pennsylvania Office of Attorney General

Pittsburgh, PA, USA

Nicholas Smyth is a Senior Deputy Attorney General and the Assistant Director of the Bureau of Consumer Protection at the Pennsylvania Office of Attorney General (OAG). He helps manage the OAG’s work in matters involving consumer finance, such as digital lending, student lending, mortgages, auto finance, payday lending, debt collection, credit reporting, debt settlement, and financial scams.

Prior to joining the OAG, Nick spent four years as an Enforcement Attorney at the Consumer Financial Protection Bureau (CFPB). Most recently, he was Senior Counsel at Xchange Leasing, an auto leasing company and Uber subsidiary, and a Senior Associate at Reed Smith.

At the CFPB, Nick led the investigation of the subprime auto lender Drivetime, which ended in an $8 million settlement in 2014. This case involved unfair debt collection practices and violations of the Fair Credit Reporting Act. He worked on CFPB v. ITT Educational Services, Inc., the CFPB’s first public enforcement action against a for-profit college. Nick also worked on an investigation of U.S. Bank’s MILES Program, a subprime auto finance program for military service members, which led to $6.5 million in consent orders. 

Before joining the CFPB as its fourth employee, Nick was part of a small team at the U.S. Department of the Treasury that drafted and revised the CFPB’s enabling act, the Consumer Financial Protection Act of 2010. Among other responsibilities, he represented Treasury on a White House working group on military families and led negotiations with Congressional and agency staff on provisions related to mortgage appraisals. This Treasury team then led the stand-up of the CFPB.
At Xchange Leasing, Nick was responsible for all threatened and filed litigation, regulatory issues, privacy and data security, vendor contract negotiations, collections, servicing, and fair lending.

At Reed Smith, Nick counseled bank and nonbank clients on preparing for and responding to examinations and investigations by the Consumer Financial Protection Bureau and on complying with UDAAP, ECOA, CLA, FCRA, FDCPA, GLBA, TILA, and EFTA, and implementing regulations. He also counseled FinTech startups on Treasury policy making regarding online lending.

Nick is the Vice Chair of the Federal and State Trade Practices Subcommittee of the American Bar Association’s Consumer Financial Services Committee. He earned his BA in Government from Harvard College and his JD from Harvard Law, and he was selected for Forbes Magazine’s list of “30 Under 30 for Law and Policy” in 2012. He lives in Pittsburgh.

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