When you get through reading this little expose on the CFPB, you will think that you were reading about a good old-fashioned Mafia-style shakedown. The Consumer Financial Protection Burea is another one of the government names that clouds over what it is actually up to.
This bureau was created to work independently of the government in the financial sector. It was not, however, created to act outside the law. Instead, it seems to make up its own laws as it goes along. This was one of Senator Elizabeth Warren’s dream bureaus.
Here we have a whistleblower giving us an inside look at what a government agency can do when it has no oversight. You can thank Congress for not doing their job when they did this.
As Written by Monica Showalter for the American Thinker:
The zero-accountability Consumer Financial Protection Bureau has been caught falsifying documents to shake down a business, a whistleblower says.
According to a report in the Washington Free Beacon:
A former employee of the Consumer Financial Protection Bureau is calling for an investigation after accusing managers of falsifying documents to impose fines on a payday lender.
Cassandra Jackson, a former CFPB examiner in the southeast division, sent a letter last week to Attorney General Jeff Sessions also accusing managers of “widespread racism and gender discrimination.”
Jackson said her superiors at the CFPB asked her to falsify documents during her investigation into a Texas-based payday lending company, Ace Cash Express.
“During the course of this examination, I was asked to change, remove, and otherwise falsify documents connected with this examination,” Jackson said.
Frankly, this is shocking, criminal behavior, not at all different from a dirty cop caught planting evidence on an innocent person in a bid to get a conviction. The …….
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