· Consumer Financial Protection Bureau (CFPB) Director Richard Cordray appeared before the House Financial Services Committee yesterday for the first time since September of last year, to provide a semi-annual update on behalf of the agency. In the much-anticipated hearing, Cordray stood by CFPB decisions and was, as expected, flooded with criticisms.

CFPB: House Committee Investigates Allegations of Discrimination; Views Differ on Motivations for Hearings-Destroy CFPB or Address Discrimination June 26, 2015 January 17, 2016 ~ Alex W. On June 25, 2015, the oversight and investigations subcommittee of the House of Representatives’ Committee on Financial Services held a fifth hearing about.

By the end of the hearing, however, rep. maxine waters, the top Democrat on the House Financial. enforcement attorney at the CFPB, and an independent investigator who was called in to examine her.

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Charlene Crowell: House Chair Waters Leads Charge to Return Consumer Protection to CFPB Fisher Jack March 8, 2019 41 views Apple News Obama/Trump/Political Other News 0 Comments 41 views 0

 · The CFPB will more than likely continue to use this theory to prove discrimination by finance companies. The CFPB’s use of the disparate impact theory has proved to be controversial, and many of the Representatives in attendance at the hearing questioned the CFPB’s series of settlements with major auto lenders, suggesting instead that the.

Financial Services Committee Ranking Member Maxine Waters (D-Calif.) said Tuesday that Democrats did not request cancelation of the cfpb discrimination hearing held last week.

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Waters: Cancel House CFPB discrimination hearing The Consumer Financial Protection Bureau has a friend in U.S. Rep. Maxine Waters, who is urging the house financial services committee to cancel an investigation into allegations of discrimination.

6, 2018, committee hearing, Waters again focused on. scrutiny should the Democrats take the House. In May 2018, the House voted largely along party lines to revoke the CFPB guidelines issued to.

Scott Pluta, the CFPB assistant director of the Office of Consumer Response, demoted Martin after she filed a formal complaint of discrimination for being "isolated" and prevented from doing any.

Maxine Waters accused Republicans of using race discrimination allegations to weaken the CFPB. Dems accuse GOP of playing race card in contentious hearing | TheHill Skip to main content

And it did so after conducting a discrimination study. and engaging in overregulation. “The CFPB has done the dealers a massive injustice,” Rep. David Scott, Georgia Democrat, declared shortly.