The CFPB Cover-Up -WSJ

Congressman David Scott recently lambasted the Consumer Financial Protection Bureau for its "deceitful" auto-loan regulation based on "shamefully flawed" information. Now it looks like the Georgia Democrat was being kind. The Republican staff of the House Financial Services Committee has released a  trove of documents  showing that bureau officials knew their information was flawed and even deliberated on ways to prevent people outside the bureau from learning how flawed it was. The bureau has been guessing the race and ethnicity of car-loan borrowers based on their last......(read more)

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