Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine the Future of Housing in America and the Department of Housing and Urban Development (HUD) during its 50th anniversary year:
In launching the War on Poverty, President Lyndon Johnson told us its purpose was, “not only to relieve the symptom of poverty but… Read more »
WASHINGTON - The House Financial Services Oversight and Investigations subcommittee heard testimony from witnesses today that the CFPB has a culture of racial and gender discrimination and retaliation against its employees.
Allegations that CFPB managers have engaged in discrimination and created “a hostile work environment” were chronicled in a March 6 American Banker article titled… Read more »
WASHINGTON- A whistleblower testifying at today’s Financial Services Oversight and Investigations Subcommittee hearing on allegations of discrimination and retaliation within the CFPB said CFBP Director Richard Cordray “told me that I have to tell my attorneys to back down.”
The whistleblower – CFPB attorney Angela Martin – provided the information about Director Cordray’s involvement… Read more »
The House is in session Tuesday through Friday this week.
Here’s what’s happening:
On Wednesday at 10:00 a.m. the Oversight and Investigations Subcommittee will hold a hearing to examine allegations of discrimination and retaliation within the CFPB.
Committee staff has received corroborating information from a CFPB employee who alleges she has experienced gender discrimination and… Read more »
WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) delivered the following letter in response to an attempt by Democrats to cancel Wednesday’s hearing on allegations of discrimination and retaliation at the CFPB. To view the letter, click here.
The subcommittee is scheduled to hear from a… Read more »
Rep. Patrick McHenry (R-NC), Chairman of the Financial Services Committee Oversight and Investigations Subcommittee, made the following comments today after the CFPB released a statement to the press that the Bureau is refusing to send witnesses to the Subcommittee’s hearing on Wednesday:
“Discrimination and retaliation are unacceptable, and the Subcommittee next week will hear from a… Read more »
Allegations that the CFPB has engaged in discrimination and retaliation against its employees will be the subject of a Financial Services Committee Oversight and Investigations Subcommittee hearing next week.
The subcommittee hearing comes amid reports, first published in the American Banker, that CFPB managers “show a pattern of ranking white employees distinctly better than… Read more »
To mark “Sunshine Week,” a national initiative launched by the media to promote open government, Financial Services Committee Chairman Jeb Hensarling (R-TX) is calling on CFPB Director Richard Cordray to end the bureau’s closed-door meeting policy for its four advisory councils.
“Instead of operating behind closed doors, it’s time for the CFPB to live up to its oft-stated commitment to… Read more »
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To mark Sunshine Week, Financial Services Committee Chairman Jeb Hensarling (Twitter | Facebook) delivers this week’s Sunday Video Message on the lack of transparency at the CFPB. Read more »
…Wasting Millions on Office Renovations
…Under Investigation
…Closed Door Meetings
…Shocking Report of Discriminatory Treatment
…In Urgent Need of House-Approved Accountability, Oversight and Reform Bill
American Banker, 3/6: CFPB Staff Evaluations Show Sharp Racial Disparities
“CFPB managers show a pattern of ranking white employees distinctly better than minorities in… Read more »
