The Consumer Financial Protection Bureau’s (CFPB) Student Loan Ombudsman Seth Frotman has resigned, accusing acting director Mick Mulvaney’s leadership team of shirking the bureau’s underlying mission and succumbing to political bias, something the bureau frequently has been accused of since its creation.
When asked for comment, a CFPB representative told Dodd Frank Update the bureau does not comment on specific personnel matters. However, other interested parties did have some things to say about Frotman’s exit and his claims decrying the bureau’s actions under Mulvaney’s watch.
Get a detailed look at Frotman’s sweeping claims about how the bureau has functioned during Mulvaney’s tenure that led him to resign.