Richard Cordray, Director (Director of this customer Finance Protection Bureau) /S/

Richard Cordray, Director (Director of this customer Finance Protection Bureau) /S/

TOPIC: Reaction To Workplace of Inspector General Report No. OIG-16-001

Many thanks for the possibility to review and react to the last Report of Inquiry (Final Report) into The FDIC’s Supervisory way of Refund Anticipation Loans additionally the Involvement of FDIC Leadership and installment loans illinois Personnel, made by the FDIC’s workplace of Inspector General (OIG). This response addresses the matters raised by the OIG for consideration while the FDIC’s response to the Draft Report of Inquiry on February 17, 2016, addressed the factual record.

FDIC Board summary of Policy Matters Raised within the Final Report

The OIG asked for that FDIC look at the presssing problems included in the Final Report and apprise the OIG of every actions FDIC will require because of this. As a result, the FDIC Board of Directors (FDIC Board or Board) will undertake overview of the key problems raised into the Final Report for consideration. Continue reading “Richard Cordray, Director (Director of this customer Finance Protection Bureau) /S/”