Posted on 06/26/2018 6:41:25 PM PDT by Pollard
Government auditors faulted the controversial consumer finance bureau for mismanaging a $43 million contract with political advertising firm, and the bureau’s Republican director is now trying to get some of that money back.
Various groups have criticized a contract the Consumer Financial Protection Bureau (CFPB) awarded to GMMB, a marketing and advertising firm that did work on election campaigns for former President Barack Obama and other Democratic candidates, for showing hints of political favoritism.
In managing the five-year contract, the CFPB did not verify the expenditures GMMB made during its work with the government, particularly on labor costs, and did not always monitor how the advertising firm spent money intended for media purchases, according to a report from the Office of the Inspector General (OIG) of the Federal Reserve released Monday.
“It appears that the Bureau [CFPB] is due a refund of prepaid funds that have been accumulating at GMMB,” the report said. The agency, now under direction of President Donald Trump’s interim appointee, indicated it is seeking to recover the funds in its response to the OIG.
(Excerpt) Read more at dailycaller.com ...
I would not be surprised if a lot of the money they got paid was actually used for political purposes.
Was “Stormy Daniels” on the payroll? ;-)
Hillary Clinton “lost” $6,000,000,000 in Libya.
Maybe it’s in some chair cushions.
“I love this Mulvaney guy.”
So do I.
L
$650 million for the ACA database that 2 or 3 dozen IT geeks said could be done for $10 million.
Let’s say they were off by a factor of ten. $100 million. Michelle’s college pal made half billion off that deal.
For what? To make sure enough consumers complain so that this gov't agency can justify it's existence.
Good
Good!!
Get our $$ back from these SOBs.
BTT
“$650 million for the ACA database that 2 or 3 dozen IT geeks said could be done for $10 million.
Let’s say they were off by a factor of ten. $100 million. Michelle’s college pal made half billion off that deal.”
Thanks for the refresher course, I remember that. And nothing was done about it, like so many other cases.
>> $650 million for the ACA database
Good memory.
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