A government watchdog on Tuesday said a federal judge's ruling in Texas blocking the Consumer Financial Protection Bureau from implementing an anti-discrimination rule was the outcome of a 'long-running, organized effort by greedy industries' to defang the agency. Judge Randy Crane, whom former Republican President George W. Bush appointed to be the chief U.S.
' 'The bankers' case that discrimination is just a normal part of doing business only makes a stronger case for why everyday Americans need the bureau to stay strong, independent, and free from political influence in Congress,' she added. The group noted that ABA board member JPMorgan Chase settled with the U.S. Department of Justice in 2017 for $55 million over allegations of discrimination against mortgage borrowers who were members of minority groups.