US consumer watchdog supervisor warned staff of ‘unpleasant’ fallout if they go too hard on firms

Reuters: The threat, which Reuters is reporting for the first time, was emailed on May 13 by ‌Chief Examiner Fatima Batie to many of the agency’s mid-level supervision staff as they were preparing to resume inspections of financial firms following a long hiatus, according to the email and two people familiar with the matter.

Critics say the message amounts to a threat to CFPB staff that would likely make them think twice about how they interact with companies they oversee…

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