consumer agency to focus on workplace diversity, fairness
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[March 22, 2014]
WASHINGTON (Reuters) — The U.S.
Consumer Financial Protection Bureau said on Friday it is increasing
efforts within the agency to create a more diverse and fair work
environment following concerns about discrimination.
The CFPB came under fire earlier this month over reports that showed
the agency's white employees were twice as likely to receive a top
performance rating in 2013 than African-American or Hispanic
"We must focus more carefully on how we address diversity and
inclusion not only in hiring and contracting, but in our day-to-day
treatment of one another," CFPB Director Richard Cordray wrote to
the staff in an emailed statement that was viewed by Reuters.
The CFPB oversees mortgages, credit cards and other
consumer-oriented financial products.
Republicans in the U.S. House of Representatives are demanding more
information from the agency about its internal management practices,
specifically how employees are treated and rated, to ensure a
culture of workplace discrimination does not exist.
The Republican lawmakers previously expressed concerns about a
number of formal discrimination claims that were filed by CFPB
employees on the basis of factors that can include race, age and
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About 47 percent of the agency's staffers were women, and 34 percent
identified themselves as minorities, according to an agency report
to Congress last year.
The agency's staff was more diverse than other federal regulators,
where women accounted for 44 percent and minorities accounted for 29
percent of staff, the report showed.
(Reporting by Margaret Chadbourn; Editing by Jan Paschal)
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