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New Fed IG will oversee CFPB investigation over mass firings
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Banking, Consumer Protection, Government Oversight, Industry Regulation
Friday, June 13, 2025
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Federal Reserve Chair Jerome Powell appointed a new leader of the Fed Office of Inspector General, who will have oversight of the Consumer Financial Protection Bureau as well. Days later, the Fed announced its intent to investigate efforts to make massive staff cuts at the bureau ahead of his arrival.
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