Democratic members of the Financial Services Committee Subcommittee on Oversight and Investigations have called on inspectors general at the Federal Reserve to investigate CFPB personnel policies for possible discrimination. And, they've asked the NCUA's inspector general to review NCUA policies, too.
In a letter sent to the Federal Reserve Inspector General Mark Bialek, lawmakers including Financial Services Committee Ranking Member Maxine Waters (D-Calif.), who is pictured at left, expressed concern over allegations that CFPB managers have been ranking white employees "distinctly better" than minority employees on performance reports.
"We request that the Office of Inspector General immediately exercise its independent oversight authority over the bureau's operations, to detect whether any personnel practices and policies have created an unfair or discriminatory workplace for minorities and women employed at the CFPB," said the letter dated March 24.
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