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CFPB failed to make sound business case for headquarters project, IG finds
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The inspector general for the Federal Reserve and the Consumer Financial Protection Bureau determined that the CFPB has not provided a sound business case to support the funding of its controversial headquarters renovation project. Republicans on the U.S. House Financial Services Committee said the IG’s report is further evidence that the CFPB is unaccountable and should be restructured. Read on to learn about the report.
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