Links in “Discriminatory Practices/Disparate Impact”
- House Committee Presses CFPB for Specifics on Disparate Impact
At a meeting of the House Financial Services Committee, committee members press CFPB General Counsel Meredith Fuchs for specifics on the CFPB's methodology for detecting "disparate impact." While Ms. Fuchs did not provide the specifics the committee members sought, the chairman ended his questioning with a zinger in reference to the bureau's own woes with recent news of its employment practices: "You certainly create the impression that you are trying to impose a standard upon others that you are incapable of living under yourself." [4/10]
- CFPB Takes a Look in the Mirror
CFPB's Office of Minority and Women Inclusion issues its second annual report to Congress, including a look at the bureau's own internal practices, which have recently come under fire. [4/9]
- CFPB’s General Counsel Before Congress Promotes Bureau’s Efforts
CFPB's Legal Counsel before House Committee on Financial Services promotes Bureau's efforts at increasing consumer awareness through transparency, reducing regulatory burden for market efficiency, leveling the playing field for financial services and preventing discriminatory practices. [4/9]
- CFPB’s Cordray Remarks for Greenlining Hits the 4 D’s
CFPB's Richard Cordray's remarks at the Greenlining Institute's Economic Summit promotes Bureau's efforts for diversity and ongoing efforts to conquer the "four Ds": deceptive marketing, debt traps, dead end markets, and discrimination. [4/7]
- CFPB’s Culture of “Retaliation and Intimidation”
A CFPB enforcement attorney testifies before a House Financial Services Committee subcommittee that she experienced gender discrimination and retaliation for filing an Equal Employment Opportunity complaint. [4/4]
- The Ins and Outs of the CFPB House Hearing
There's plenty of drama in the lead up to the employment discrimination hearings in the House Financial Services Committee. [4/2]
- Whistleblower? House Committee to Hold Hearing on CFPB Employee Discrimination
CFPB employee alleging gender discrimination and retaliation for filing an Equal Employment Opportunity complaint to appear before House subcommittee next week. Perhaps not the kind of whistleblower CFPB prefers. [3/28]
- Heat Gauge Rising on CFPB’s Employment Performance Appraisal Process
House Financial Services Committee sends letter to several inspectors general asking them to look into the matter of the CFPB's employee performance appraisal standards to detect whether any practices have created an unfair workplace for minorities and women. [3/27]
- Disparate Impact Mirror: How the CFPB Rated Employees by Ethnicity
In response to an article describing racial disparities in internal staff reviews, the CFPB released the internal report on which the article was based. It shows that for a review of more than 1,000 employees last year, 20.7% of its white employees received the highest possible performance rating, as did 9.1% of its Hispanic employees, 10.5% of its African American employees, and 15.5% of its Asian American employees. [3/25]
- House Committee Presses CFPB on Disparate Impact
House Financial Services Committee Chair has given the CFPB until tomorrow to answer its questions regarding how it specifically determines that practices that are neutral superficially are nonetheless considered discriminatory. [3/12]
