Categorized | CFPB

Has Elizabeth Warren overstepped her bounds?

Following a report from the group Judicial Watch, House Republicans are requesting copies of all communications between Elizabeth Warren and state attorneys general concerning the settling of improperly processed foreclosures.

“It appears the CFPB has been deeply involved in the mortgage-servicing settlement negotiations and that role goes far beyond the mere offering of ‘advice’ under the Merriam- Webster’s definition or any other reasonable interpretation of that term,” according to a draft of the letter to Treasury Secretary Timothy Geithner, circulated today in Washington and obtained by Bloomberg News.

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