CFPB Enforcement Chief Eric Blankenstein Vows to Stay On After Racist Remarks Uncovered
CFPB Enforcement Chief Eric Blankenstein Vows to Stay On After Racist Remarks Uncovered
Top Consumer Financial Protection Bureau official Eric Blankenstein apologized Monday for the “poor conduct” he’d shown by writing a series of controversial and racially tinged blog posts in 2004.Written under a pseudonym, Blankenstein’s posts questioned the legitimacy of anti-hate policies and pondered whether use of the ‘n-word’ constitutes racism.Despite some outrage from the left, Blankenstein has refused to resign, saying he’s “absolutely committed to carry out the bureau’s fair lending mandate.”The posts garnered additional attention considering Blankenstein’s role within the CFPB. Tasked with overseeing the bureau’s enforcement taskforce, Blankenstein oversees complaints related to racial discrimination in lending and loans disbursement.“Do I regret some of the things I wrote when I was 25…? Absolutely,” Blankenstein said in an e-mail. “The tone and framing of my statements reflected my poor judgment.”“I have always rejected racism and sexism in the strongest terms possible,” he added.While some of Blankenstein’s colleagues within the CFPB have called his character into question, the agency’s acting head, Mick Mulvaney, has refused to comment.
The CFPB itself has been heavily criticized by President Donald Trump. Image via Wikimedia Commons. Public domain.
Sources
CFPB Official Vows to Stay in Job After Reports of Past Racial RemarksConsumer bureau union chief says official should be fired over racism blog postsFederal Anti-Discrimination Official Under Fire for Racial Comments
About Ryan J. Farrick
Ryan Farrick is a freelance writer and small business advertising consultant based out of mid-Michigan. Passionate about international politics and world affairs, he’s an avid traveler with a keen interest in the connections between South Asia and the United States. Ryan studied neuroscience and has spent the last several years working as an operations manager in transportation logistics.