WHISTLEBLOWER: Elizabeth Warren’s CFPB Falsified Documents to Shakedown Lender
In a letter to Attorney General Jeff Sessions, former CFPB staffer Cassandra Jackson, accused the agency’s managers of “widespread racism and gender discrimination.” Jackson also accused the agency of forcing her to falsify evidence to justify fines against a pay-day lender.
Washington Free Beacon reports:
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. […]
Jackson said she was ultimately forced out of the CFPB due to an “incredibly hostile work environment and the retaliation I continued to receive from management at the CFPB due to the Ace Cash Express incident.”
“I was specifically told to cite Ace Cash Express for a violation for which I had verified the company was in compliance and to state that Ace Cash Express did not provide, and that the CFPB did not receive, documents that would have satisfied the CFPB’s guidelines, despite having received that information from Ace Cash Express,” Jackson wrote to Sessions.
“I encourage you to initiate an investigation into this matter, as well as civil rights violations at the Consumer Financial Protection Bureau,” Jackson said. “During my nearly five years at the Bureau, I encountered widespread racism and gender discrimination from management,” added Jackson.
The New York Post’s Paul Sperry reports that the CFPB is engaged in a wide-variety of corruption.
Everything from amassing secret ledgers to using penalties to ‘launder,’ funds into left-wing causes. Of course, because the CFPB operates independently of the U.S. Government, a full audit of the agency’s balance sheet have never been done. This sad reality may very well change under Mulvaney’s leadership.
The agency “Funnelled a large portion of the more than $5 billion in penalties collected from defendants to community organizers aligned with Democrats — “a slush fund by another name,” said a consultant who worked with CFPB on its Civil Penalty Fund and requested anonymity.”
Advocacy group, The U.S. Consumer Coalition, was the source of Jackson’s damning letter.
“Ms. Jackson is a dedicated public servant who believes in the mission of the CFPB,” said Brian J. Wise, president of the U.S. Consumer Coalition. “Unfortunately, her claims are all too familiar to the dedicated employees serving under the direction of CFPB management,” wrote a spokesperson for the organization.