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CFPB examiners to read ‘Humility Pledge’ when they begin exams
Summary by Consumer Finance Monitor
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1 Articles
CFPB examiners to read ‘Humility Pledge’ when they begin exams
The Trump Administration is ordering all CFPB examiners to read a “Humility Pledge” to officials at supervised entities before conducting exams.In making the announcement, CFPB officials sharply criticized the Biden Administration’s approach to exams. “Previously, under the leadership of Director Chopra and Biden’s Director of Supervision Lorelei Salas, a former Soros activist who was put on leave in February 2025, this division was the weaponiz…
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