AFSA Submits Letter to OMB on CFPB Policies

AFSA on May 23 submitted a letter to the Office of Management & Budget (OMB) commenting on the joint standards for assessing diversity policies and practices. The letter specifically addresses the Consumer Financial Protection Bureau’s (CFPB) approval to revise an existing information collection entitled, “Joint Standards for Assessing the Diversity Policies and Practices.” This notice also included a lengthy voluntary diversity self-assessment form.


AFSA strongly supports diversity and inclusion in management, employment and business practices and applauds federal agencies for encouraging and foster inclusion. The letter notes, however, that the association is concerned about the voluntary nature of the assessment form. The letter seeks to clarify the language used in the form, while ensuring that appropriate information regarding diversity and inclusion is appropriately gathered.