CFPB Official in Racist Blog Post Controversy to Depart (1)

A Consumer Financial Protection Bureau political employee who drew fire for racist blog posts is leaving the bureau, according to an email obtained by Bloomberg Law.

Eric Blankenstein, a policy associate director overseeing the CFPB’s supervision and enforcement division, will depart the CFPB for a new job on May 31, according to the internal email sent May 15.

Blankenstein, who was put into that position by former acting Director Mick Mulvaney, faced criticism from consumer advocates, Democratic lawmakers and even some CFPB colleagues after pseudonymous blog posts he wrote in 2004 emerged last year. Those blog posts included claims that ...