Elizabeth Warren and the Consumer Financial Protection Bureau

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					Elizabeth Warren and the Consumer Financial Protection Bureau                              10/1/11 11:11 AM




   Published on Judicial Watch (http://www.judicialwatch.org)



   Elizabeth Warren and the Consumer Financial
   Protection Bureau
   President Barack Obama’s “Consumer Czar” Elizabeth Warren was appointed by Obama to help
   set up and, many fear, to eventually run the new Consumer Financial Protection Bureau (CFPB).
   In March 2011, Warren testified to Congress about the CFPB’s role in a 50-state settlement
   underway with the nation’s largest mortgage lenders related to alleged improper foreclosure
   procedures.

   Through the Freedom of Information Act (FOIA) and the open records laws of the states, Judicial
   Watch obtained documents that show that Warren’s and the CFPB’s involvement in the mortgage
   settlement negotiations is much greater than she told Congress. Following the release of these
   documents, the House Financial Services Committee and the Oversight and Government Reform
   Committee sent a letter [1] to Department of the Treasury Secretary Timothy Geithner requesting
   more documents regarding the mortgage settlement.

   Congressional Testimony

            March 16, 2011 [2]
            May 24, 2011 [3]

   Press Releases

            Documents Uncovered by Judicial Watch Show Intervention by New, Controversial Federal
            Agency in Foreclosure Crisis Negotiation [4] - June 16, 2011

   Weekly Updates

            Warren Out as Consumer Czar…Make Way for another Anti-Business Zealot [5] - July 22,
            2011
            New Docs Show Intervention by Controversial Federal Agency in Foreclosure Crisis
            Negotiation [6] - June 17, 2011

   Investigation Timeline [7] - as of July 8, 2011

   Original CFPB Requests & Appeal:

   Freedom of Information Act requests to the U.S. Departments of Treasury and Consumer Financial
   Protection Bureau implementation team seeking all records of CFPB communications with
   members of congress, each state’s attorney general, and consumer advocates in accordance with
   Elizabeth Warren’s congressional testimony regarding CFPB’s activities since September 17,
   2010.

http://www.judicialwatch.org/print/10681                                                           Page 1 of 6
Elizabeth Warren and the Consumer Financial Protection Bureau                                 10/1/11 11:11 AM




   Administrative appeal to Treasury with supporting exhibits demonstrating CFPB’s failure to turn
   over all documents in its possession that would have been responsive to Judicial Watch’s request.

               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Orig CFPB Requests & Appeal

                             2011 03 070 Interim Response
                             Reads: 156
                     21 p.


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   State Acknowledgments & Denials:

   Acknowledgment of receipt and, in some cases, notice of refusal to fulfill public records requests to
   each state’s attorney general seeking communications with CFPB and/or Elizabeth Warren.

               Elizabeth Warren and the Consumer Finance Protection Bureau --
               State Acknowledgments & Denials

                             New Mexico Acknowledgement Letter
                             Reads: 47
                      1 p.


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   Delaware Production:

   The Attorney General's office of Delaware provided a wide range of responsive documents.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Delaware

                             1. Agenda
                             Reads: 74
                     12 p.


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   State Request Fulfillments:

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Elizabeth Warren and the Consumer Financial Protection Bureau                                      10/1/11 11:11 AM




   Records submitted by nearly two dozen states showing communication with or about CFPB and/or
   Elizabeth Warren.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               State Fulfills

                             New Mexico Fulfillment Letter
                             Reads: 35
                      7 p.


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   State Highlights:

   Documents which seem to undermine Elizabeth Warren’s public statements and congressional
   testimony regarding CFPB’s level of involvement in a 50-state mortgage foreclosure settlement.

               Elizabeth Warren and the Consumer Finance Protection Bureau --
               State Highlights

                             New York Follow Up Email
                             Reads: 53
                      1 p.


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   Audits & Term Sheets:

   Freedom of Information Act requests to the U.S. Departments of Treasury, Housing & Urban
   Development (HUD), Justice (DOJ), and the Office of the Comptroller of Currency (OCC) seeking:

            a set of audits accusing “the nation’s five largest mortgage companies of defrauding
            taxpayers in their handling of foreclosures on homes purchased with government-backed
            loans”;
            a term sheet outlining a plan for “the creation of a federal account funded by the nation’s 14
            largest mortgage firms to help distressed borrowers avoid foreclosure and settle ongoing
            probes into faulty mortgage practices.”


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Audits and Term Sheets

                             Term Sheet Article

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                             Reads: 72
                      2 p.


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   Federal Travel:

   Freedom of Information Act requests to the Secretary of the U.S. Air Force (USAF) seeking military
   travel information for Elizabeth Warren and:

            Hollister K. (“Holly”) Petraeus regarding a January 6, 2011, trip to Lackland Air Force Base in
            San Antonio, Texas;
            Senator Olympia Snowe (R-ME) regarding a January 12, 2011, trip to Portland, Maine.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Federal Travel

                             1224 Warren-Snowe Request
                             Reads: 78
                      4 p.


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   Key Personnel:

   Freedom of Information Act requests to the U.S. Department of Treasury, Consumer Financial
   Protection Bureau implementation team, and Office of Government Ethics (OGE) seeking
   documentation regarding key CFPB staff showing:

            Identity and qualifications;
            Pay grade and appointment authorization;
            Financial disclosure forms and divestiture of assets in potential conflicts of interest;
            Confirmation of public trust and security clearances.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Key Personnel

                             Treas Denied
                             Reads: 64
                      1 p.


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Elizabeth Warren and the Consumer Financial Protection Bureau                            10/1/11 11:11 AM



   McHenry-Warren:

   Freedom of Information Act requests to the U.S. Departments of Treasury and Consumer Financial
   Protection Bureau implementation team seeking scheduling information and communications for
   Elizabeth Warren on and around May 24, 2011. During congressional testimony on that day, Ms.
   Warren expressed great distress when the hearing lasted longer than one hour.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               McHenry-Warren

                             1321_CFPB
                             Reads: 43
                      3 p.


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   Mortgage Symposia:

   Freedom of Information Act requests to the U.S. Departments of Treasury and Consumer Financial
   Protection Bureau implementation team seeking details of at least two mortgage symposia held in
   Washington, D.C., at taxpayer expense.

               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Mortgage Symposia

                             Symposia Symposium
                             Reads: 33
                      2 p.


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   Rajeev Date:

   Pay and appointment information for CFPB’s Associate Director of Research, Markets, and
   Regulations.

   Securities & Exchange Commission (SEC) documents showing financial and legal trouble in the
   online borrowing network of which Rajeev Date was a director until his CFPB appointment.


               Elizabeth Warren and the Consumer Finance Protection Bureau --
               Rajeev Date



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Elizabeth Warren and the Consumer Financial Protection Bureau                                                 10/1/11 11:11 AM



                             Rajeev
                             Reads: 59
                      1 p.


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   Press Coverage

            Issa grills Elizabeth Warren on inadequacy of response to FOIA request [8] - Washington
            Examiner - July 14, 2011

                                     accountability CFPB Dept of Treasury FOIA Public Documents transparency
                                                       (c) Judicial Watch

   Source URL (retrieved on 1 Oct 2011 - 3:44am): http://www.judicialwatch.org/story/2011/jun/elizabeth-warren-and-
   consumer-financial-protection-bureau

   Links:
   [1] http://financialservices.house.gov/News/DocumentSingle.aspx?DocumentID=247751
   [2] http://www.c-span.org/Events/Warren-Defends-Consumer-Financial-Protection-Bureau/10737420228-1/
   [3] http://www.c-span.org/Events/Elizabeth-Warren-Defends-Consumer-Watchdog-Agency/10737421715-1/
   [4] http://www.judicialwatch.org/news/2011/jun/documents-uncovered-judicial-watch-show-intervention-new-
   controversial-federal-agency-
   [5] http://www.judicialwatch.org/weeklyupdate/2011/29-pick-your-poison#anchor1
   [6] http://www.judicialwatch.org/weeklyupdate/2011/24-dnc-fundraises-inside-white-house#anchor2
   [7] http://www.scribd.com/doc/59609858/CFPB-Investigation-Timeline
   [8] http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/issa-grills-elizabeth-warren-inadequacy-response-
   foia-request




http://www.judicialwatch.org/print/10681                                                                            Page 6 of 6

				
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