Hollister K. "Holly" Petraeus is a retired Assistant Director at the Consumer Financial Protection Bureau, where she headed up the Office of Servicemember Affairs. She retired on January 12, 2017. Her work at the CFPB centered around educating service members on sound financial management and protecting them against predatory lending and cons. She is the wife of retired General David Howell Petraeus.
Petraeus spent six years as the Director of BBB Military Line, a program of the Council of Better Business Bureaus providing consumer education and advocacy for service members and their families. She helped develop the curriculum now used to educate service members in sensible financial management. In 2011, Elizabeth Warren appointed Petraeus to be Assistant Director of the Consumer Financial Protection Bureau, leading the Office of Servicemember Affairs. The office partners with the Pentagon to see that military families receive a strong financial education; monitors their complaints to the CFPB; and coordinates efforts of federal and state agencies regarding consumer protection measures for military families. Petraeus wrote extensively for the CFPB's blog, with 50+ published articles as of July 2016. She has also been published in The New York Times, writing about exploitable clauses in the Higher Education Act that incentivize private for-profit colleges to see service members as “dollar signs in uniform” and recruit them aggressively. She is frequently interviewed in regards to her work, and has served as a public speaker at events like the National Conference of State Legislature’s 2013 Legislative Summit. Petraeus appeared before several Congressional committees in her role at the CFPB in order to increase U.S. lawmakers’ awareness of the financial difficulties facing military service members.
Petraeus comes from a family known for a history of military service. Her great-great grandfather fought in the Civil War and the Indian Wars; her great-grandfather was a brigadier general who fought in the Spanish–American War and World War I; her grandfather served in both World Wars, earning a Silver Star in the first and rising to lieutenant colonel in the second. Her father, William Knowlton, was a retired four-star general and NATO commander. He was also Superintendent of the United States Military Academy. In 1974, she married David Howell Petraeus, whom she met when he was a cadet at the United States Military Academy. They have a daughter and a son and reside in the Washington, D.C., area.
