WASHINGTON — CFPB Attorney Angela Martin tells Congress a bureau office, staffed by African Americans, is referred to internally as 'the plantation'.
The percentage of minority employees at the NCUA increases by 1.6 percentage points from 2011 to 2013.
Democrat members of the House Financial Services Committee say the April 2 hearing belongs in court, not Congress. Republicans disagree.
Lawmakers schedule a hearing and request personnel records in response to claims of CFPB discrimination against employees.
Democrats in the House ask the CFPB's inspector general to investigate allegations of employee discrimination. The NCUA is questioned, too.
Financial Services chair points out CFPB's promises to be more transparent in call for advisory councils to be open to the public.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Confirmation hearing for NCUA board hopeful was postponed due to weather. New date with Senate Banking Committee is March 13.
"While there has been substantial job creation, we have further to go," new Fed chairwoman tells House Financial Services Committee.
The Republican-led House Financial Services Committee grilled the CFPB director on building renovations.