CFPB Unit Had 'Plantation Mentality,' Ex-Employee Says
Law360, Washington (June 18, 2014, 7:54 PM EDT) -- A Republican-led House panel investigating allegations of mismanagement at the Consumer Financial Protection Bureau heard testimony from two workers on Wednesday alleging CFPB managers were prone to cronyism and discrimination, with one saying his unit was dubbed "the plantation" and that he was discriminated against by black managers.
Ali Naraghi, an examiner in the southeast region of the CFPB's Supervision, Enforcement and Fair Lending Division and Kevin A. Williams, a former quality assurance monitor with the CFPB's Office of Consumer Response, both told a House Committee on Financial Services subcommittee that they had experienced discrimination at the hands of managers at...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!