Editorial: CFPB on "shaky" legal ground with disparate impact

12/10/2013 | Investor's Business Daily

The Consumer Financial Protection Bureau is on "shaky legal ground" in claiming there is disparate impact in auto lending, according to this editorial. By refusing to reveal its methodology, the agency "raises suspicions it won't disclose its metrics because it knows that it will empirically show its racism charges to be false or at best half-cooked," according to the editorial.

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