Staff members are rebelling at a federal agency created to prevent discriminatory lending after it was revealed that a Trump-appointed policy director once questioned whether the N-word is racist.
Managers and union representatives at the Consumer Financial Protection Bureau (CFPB) have demanded that Acting Director Mick Mulvaney fire Eric Blankenstein, The Hill reported on Wednesday.
This comes in response to the Washington Post unearthing an anonymous 2004 post authored by Blankenstein, in which he questioned if using the N-word was inherently racist and claimed that the great majority of hate crimes were hoaxes.
Patrice Ficklin, who manages the agency’s fair lending office, said Blankenstein can’t be trusted to oversee the bureau’s anti-discrimination mission. She also called on Mulvaney to abandon a plan that would transfer authority to enforce fair lending regulations from her office to Blankenstein.
After first defending his comments, Blankenstein decided—under pressure—to apologize for his 2004 comments. But CFPB staffers who remain from the Obama era rejected his apology.
CFPB launched during Barack Obama’s presidency as part of his strategy to reform the financial industry after the 2008 banking crisis. In 2012, the agency announced that it will “use all available legal avenues, including disparate impact, to pursue lenders whose practices discriminate against consumers.”
The Trump administration has been working to turn back the clocks on government regulation of the financial industry, as well as curbing discrimination lawsuits against lenders. Trump appointed Mulvaney and Blankenstein to carry out that mission.
It’s no surprise that Mulvaney rejected calls to fire Blankenstein.
“I recognize that this is not the result that some of you may have wanted. But I stand by my decision and will proceed accordingly,” Mulvaney wrote in an email Tuesday night to CFPB employees.
Happy Birthday, Al Sharpton! Iconic Photos Of The Good Reverend Fighting For Black Lives
1. Happy birthday!Source:false 1 of 21
2. 'Justice For All' civil rights marchSource:WENN 2 of 21
3. New York City's Central Park Jogger TrialSource:Getty 3 of 21
4. Sharpton with families of Michael Brown and Eric GarnerSource:WENN 4 of 21
5. THE DIALLO CASE TRIALSource:Getty 5 of 21
6. Interfaith Ministers' March For JusticeSource:Getty 6 of 21
7. Trayvon Martin rallySource:WENN 7 of 21
8. Operation Black VoteSource:Getty 8 of 21
9. Sharpton And Eric Garner's FamilySource:Getty 9 of 21
10. Martin Luther King Day : A Freedom MarchSource:Getty 10 of 21
11. We Stand United NYC RallySource:Getty 11 of 21
12. Sharpton and "Central Park 5" victimSource:Getty 12 of 21
13. Sharpton with ObamaSource:Getty 13 of 21
14. Sharpton and Meek MillSource:Getty 14 of 21
15. 48th Annual Congressional Black Caucus Foundation ConferenceSource:Getty 15 of 21
16. Aretha Franklin's FuneralSource:Getty 16 of 21
17. National Action Network 25th Anniversary ConventionSource:WENN 17 of 21
18. Interfaith Clergy Visit Texas Detention CenterSource:Getty 18 of 21
19. 50th anniversary of the assassination of Martin Luther King Jr.Source:Getty 19 of 21
20. Stephon Clark's FuneralSource:Getty 20 of 21
21. Reform: Bringing Injustice To LightSource:Getty 21 of 21
Trump Administration Official Who Didn’t Think The N-Word Is Racist Must Be Fired, Staff Says was originally published on newsone.com