Anger as Trump Official Issues 'Pledge' to Be Nice to Wall Street Fraudsters
CFPB staff and union oppose Vought's pledge, saying it weakens consumer protections and favors big banks amid staffing cuts and legal challenges.
4 Articles
4 Articles
Anger as Trump official issues 'pledge' to be nice to Wall Street fraudsters
“Why is Russell Vought showing the world his weird, creepy pledge of allegiance to big corporations? Have some dignity, Russell.”That’s what Consumer Financial Protection Bureau Union member Alexis Goldstein said on Monday about the CFPB acting director’s new “humility pledge” that examiners with the agency’s Supervision Division will be forced to read to financial institutions before conducting reviews next year.Several other CFPB Union members…
'Vought Should Resign,' CFPB Workers Say of 'Pledge' to Be Nice to Wall Street Fraudsters
Consumer Financial Protection Bureau Union members blasted CFPB acting Russell Vought's new "humility pledge" that examiners with the agency's Supervision Division will be forced to read to financial institutions before conducting reviews next year.
Elizabeth Warren Slams Trump For Making Financial Cop CPFB Recite 'Humility Pledge': The President Is 'Wall Street First' - iShares U.S. Financial ETF (ARCA:IYF), Coinbase Global (NASDAQ:COIN)
Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump and Director of the Office of Management and Budget, Russ Vought, for undermining the Consumer Financial Protection Bureau in favor of big financial institutions on Wall Street that it supervises.
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