North Carolina Banking Institute


This article surveys the Consumer Financial Protection Bureau's ("CFPB" or the "Bureau") activities over its first five years, with an emphasis on publicly available empirical data. Part II provides an overview of the CFPB’s creation and operations, including discussion of its structure and powers. Part III provides data and analysis on the CFPB’s activities across its three primary functional areas—rulemaking, supervision, and enforcement— for the five-year period from July 21, 2011, to July 21, 2016. Part IV summarizes major developments in the CFPB’s sixth year and the agency’s stated policy priorities through 2017. Finally, Part V concludes with a discussion of potential CFPB reforms in 2017 and the possible impact of a court opinion holding the Bureau Director’s tenure is not protected.

First Page