Diversity bank hiring is focus of CFPB scrutiny

04/3/2013 | Bloomberg Businessweek

The Consumer Financial Protection Bureau is among the federal agencies seeking public input on developing a uniform standard to determine whether banks and other financial institutions are making diverse hires. The draft standards will be available later this year, along with a public comment period. "[T]he best way to serve our consumers is to ensure that our workforce reflects the faces, ideas, backgrounds and experiences of the American public," said Richard Cordray, CFPB director.

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