CFPB schools lawyers in ‘banking fundamentals’

Published



Officials at the newly created Consumer Financial Protection Bureau (CFPB) paid thousands of dollars to send six attorneys to a George Washington University course on the fundamentals of banking, according to documents obtained by the non-profit Judicial Watch.

Six attorneys in CFPB’s enforcement division attended the banking course, at a cost of $4,500. “According to the records, the purpose of the George Washington University course, which took place on June 8, 2012, was to ‘familiarize participants with the basics of banking law.’ Topics included, ‘The structure and purpose of bank regulation,'” Judicial Watch said in a news release today.

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