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Study Shows CFPB Staff Donations Aimed at Democratic Candidates

Phil Hall
Nov 28, 2017
The Consumer Financial Protection Bureau has announced that it has taken measures to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic

The Trump Administration’s charge that the Consumer Financial Protection Bureau (CFPB) was promoting a partisan agenda may not be entirely wrong, according to the Center for Responsive Politics’ Open Secrets Web site analysis of political donations made by CFPB employees.
 
The Washington Examiner is reporting that Open Secrets determined that CFPB workers made political donations to 593 Democratic candidates but only one Republican since 2012. The majority of donations went to Hillary Clinton for her failed 2016 presidential campaign, followed by $19,988 to President Barack Obama’s 2012 re-election. Elizabeth Warren, who is credited as creator of the agency, received $13,190 from CFPB staff to help fund here 2012 election campaign to become a senator from Massachusetts. And Sen. Bernie Sanders (I-VT) absorbed $1,129 in his bid for the 2016 Democratic nomination.
 
On the GOP side, the lone Republican to receive a donation from a CFPB employee was Mitt Romney, who took in $1,000 for his 2012 presidential bid. Overall, CFPB employees gave $114,859.61 to various Democrats and Democratic committees.

 
Published
Nov 28, 2017
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