(Corrects attorney Austin Hinkle's ****** le in 21st paragraph)
By Douglas Gillison
WASHINGTON, Aug 4 (Reuters) - A top supervision examiner at the U.S. Consumer Financial Protection Bureau warned staff they would face "most unpleasant" consequences if they were too aggressive in their oversight of financial firms, according to an internal email reviewed by Reuters.
The threat, which Reuters is reporting for the first time, was emailed on May 13 by Chief Examiner Fatima Batie to many of the agency's mid-level supervision staff as they were preparing to resume inspections of financial firms following a long hiatus, according to the email and two people familiar with the matter.
Critics say the message amounts to a threat to CFPB staff that would likely make them think twice about how they interact with companies they oversee.
#email #threat
By Douglas Gillison
WASHINGTON, Aug 4 (Reuters) - A top supervision examiner at the U.S. Consumer Financial Protection Bureau warned staff they would face "most unpleasant" consequences if they were too aggressive in their oversight of financial firms, according to an internal email reviewed by Reuters.
The threat, which Reuters is reporting for the first time, was emailed on May 13 by Chief Examiner Fatima Batie to many of the agency's mid-level supervision staff as they were preparing to resume inspections of financial firms following a long hiatus, according to the email and two people familiar with the matter.
Critics say the message amounts to a threat to CFPB staff that would likely make them think twice about how they interact with companies they oversee.
#email #threat
1 day ago
