Skip to main content

Mulvaney Tries to Stem Internal Backlash Over Official

Oct 12, 2018
Sen. Sherrod Brown (D-OH), the ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, has published a 36-page report criticizing how Mick Mulvaney has run the Consumer Financial Protection Bureau

Mick Mulvaney, the Acting Director of the Consumer Financial Protection Bureau (CFPB), is continuing to push back against complaints from within his agency regarding an official who was revealed to be the author of anonymous blog postings in 2004 that many considered to be racially insensitive.
 
The Hill received an internal memo from Mulvaney to his staff did not specifically refer to Eric Blankenstein, the CFPB’s Policy Director of Supervision, Enforcement and Fair Lending, whose 14-year-old blogging incited calls for his firing from Patrice Ficklin, Director of the Fair Lending Office, and both the President of the National Treasury Employees Union and the head of its CFPB chapter. However, he cited “recent articles in the media” and added that while racial discrimination within the CFPB was unacceptable, he said bureau staffers “can be certain that I value your right to express personal views on your own time” and “the healthy exchange of diverse opinions.”
 
Mulvaney also called for the CFPB workforce to treat each other with “professionalism, respect and civility” and focus on the agency’s goals.
 
“We do our work together, and we are either going to choose to do it very well, or we won’t,” Mulvaney wrote. “That is a choice we make together. Our focus must always remain on doing our jobs, enforcing the law and working together to do a great job for the American people.”
 
Last week, Blankenstein issued his own statement to his CFPB colleagues in which he expressed regret for the blog posting, which questioned the veracity of hate crime reporting and included a consideration on the racist resonance connected to the n-word.

 
About the author
Published
Oct 12, 2018
What The CFPB’s 2025 Priorities Memo Means For Lenders

As mass layoffs at the agency are paused, law firm Garris Horn’s Senior Partner calls memo’s info, detail a ‘huge win’

CFPB Changes Course, Reportedly Chops Down Staff

Consumer finance watchdog’s headcount reportedly at about 12% as internal memo calls for focus on mortgages, big banks

FHFA Refers NY AG Letitia James To Justice Department For Alleged Mortgage Fraud

Agency claims James falsified documents and records to obtain lower mortgage rates

CFPB Re-Emerges, Offers Regulatory Relief For Certain Small Loan Providers

CHLA calls relief from registration reg a win for small independent mortgage banks

MBA Renews Its Fight Against Trigger Leads

The 'Homebuyers Privacy Protection Act' greets the U.S. House and Senate once again

Over 100 Fannie Mae Workers Terminated Over Alleged Fraud

Employees fired in sweeping anti-fraud effort as new FHFA Director Bill Pulte prioritizes integrity