A ProPublica investigation revealed that Gavin Kliger, a federal employee assisting in the downsizing of the Consumer Financial Protection Bureau (CFPB), possesses significant investments in companies that the CFPB regulates. Holding shares worth up to $365,000, Kliger has been involved in laying off over 1,400 CFPB employees. Experts deem this a conflict of interest and a breach of ethics laws designed to prevent personal financial interests from influencing government decisions. His holdings include companies like Apple and Tesla, which are restricted under CFPB guidelines.
Ethics experts have advised that Kliger's position and stock holdings raise significant concerns regarding potential conflicts of interest and violations of federal ethics laws.
Court documents indicated Kliger was instrumental in discussions about the implementation of layoffs, which raises serious ethical questions about his role and financial interests.
Collection
[
|
...
]