TOPIC: Reaction To Workplace of Inspector General Report No. OIG-16-001
Many thanks when it comes to chance to review and react to the last Report of Inquiry (Final Report) into The FDIC’s Supervisory method of Refund Anticipation Loans in addition to Involvement of FDIC Leadership and Personnel, served by the FDIC’s workplace of Inspector General (OIG). Whilst the FDIC’s reaction to the Draft Report of Inquiry on February 17, 2016, addressed the factual record, this reaction addresses the issues raised by the OIG for consideration.
FDIC Board writeup on Policy Matters Raised when you look at the Final Report
The OIG asked for that FDIC look at the dilemmas within the Final Report and apprise the OIG of any actions FDIC will require as a result. Responding, 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 regarding the customer Finance Protection Bureau) /S/