Top CFPB official regrets racist comments that caused agency uproar

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An official at the Consumer Financial Protection Bureau is working hard to taper the backlash he endured last week when racially insensitive blog posts emerged from his past. Eric Blankenstein sent an agency-wide email to his colleagues on Monday expressing regret for his “poor judgment” and word choice, and stressing his commitment to carrying out the bureau’s fair lending mandate even though some are calling for his departure.