Irony: CFPB Coughs Up $6M to Settle Discrimination Claims

A federal agency that often pursues discrimination claims against businesses will pay $6 million to resolve a class action lawsuit that alleges minority and female employees are treated worse than white males.

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The Consumer Financial Protection Bureau pursues discriminatory lending practices but found itself in legal trouble when a class action was filed against it in 2018. The case documents the problems female, Hispanic and/or Black employees have encountered there.

It cited 2014 testimony from Angela Martin, an attorney at the CFPB, about a “culture of retaliation and intimidation that silences employees from exposing wrongdoing.”

“She also testified that ‘the white males in power’ at Consumer Response give themselves the highest performance evaluation ratings, ensuring for themselves the top raises and bonuses,” the suit says.

[That means *we’re* coughing up $6 million, of course, all thanks to the brainchild of Elizabeth Warren and other social-justice warriors. The CFPB shouldn’t exist in the first place, and this episode shows another reason why. — Ed]

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