Home › GOP says feds using 'junk science' to attack auto dealers
 

Keywords :   


GOP says feds using 'junk science' to attack auto dealers

2015-11-25 02:31:50| Auto Dealers - Topix.net

House Republicans released a report Tuesday accusing the Consumer Financial Protection Bureau of using "junk science" to show that auto dealers are discriminating against blacks in their lending practices. The 54-page report , entitled "Unsafe at Any Bureaucracy: CFPB Junk Science and Indirect Auto Lending," condemns the Bureau's use of a disparate impact equation to find that auto lenders are charging higher interest rates to minority loan applicants, even though the agency in the end made educated guesses about the race of loan applicants.

Tags: auto science attack dealers

Category:Automotive

Latest from this category

All news
»
28.09Hurricane Isaac Graphics
28.09Hurricane Isaac Forecast Discussion Number 12
28.09Tropical Storm Joyce Graphics
28.09Hurricane Isaac Wind Speed Probabilities Number 12
28.09Hurricane Isaac Forecast Advisory Number 12
28.09Hurricane Isaac Public Advisory Number 12
28.09Summary for Hurricane Isaac (AT5/AL102024)
28.09Tropical Storm Joyce Wind Speed Probabilities Number 6
More »