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Waters urges CFPB employees to be whistleblowers

Joe Mont | February 25, 2019

Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, has long been a critic of how the Consumer Financial Protection Bureau is run under Republican-appointed leadership. Now, she is looking for help from inside the controversial agency.

Waters has written an open letter to CFPB employees urging them for information and help in keeping the agency on track with its original mission of protecting the consumers of financial products.

“Let me assure you that actions to weaken the Consumer Bureau from within as [previous Director Mick] Mulvaney attempted to do will not go unchecked or unnoticed,” Waters wrote. “I will fight against any and all efforts to weaken the Bureau and make sure that your important work to protect consumers, as Congress intended, can continue. I will also be conducting careful oversight of the agencies under the Committee’s...

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