A CFPB manager called a congressional investigation into discrimination allegations at the agency "political theater" that would eventually go away, according to an internal meeting transcript that was referenced at a congressional subcommittee hearing.

In a series of House Oversight and Investigations subcommittee hearings, former and current CFPB employees, including Senior Enforcement Attorney Angela Martin, claimed managers at the agency engaged in racial and gender discrimination.

A CFPB internal report showed that the bureau ranked Caucasian employees higher on performance evalutions than employees of minority races.

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