The CFPB has issued its eleventh Semi-Annual Report to the President and Congress covering the period October 1, 2016 through March 31, 2017.

The 178-page report recycles information from previously-issued CFPB reports and reviews ongoing and past developments, which we have covered in previous blog posts.

By way of aggregate statistics, the report indicates that in the six-month period it covers, CFPB supervisory actions resulted in financial institutions providing more than $6.2 million in redress to over 16,549 consumers.  It also indicates that during that period, the CFPB announced orders in enforcement actions providing for approximately $200 million in total relief for consumers and over $43 million in civil money penalties.  According to the report, the CFPB had 1,671 employees as of March 1, 2017.

While the amounts of consumer relief and civil money penalties are more than the corresponding amounts reported by the CFPB in its last Semi-Annual Report covering the period April 1, 2016 to September 30, 2016 ($40 million and $13.7 million, respectively), the amount of consumer redress from supervisory actions is substantially less than the corresponding amount reported by the CFPB in the prior report.  The prior report indicated consumer redress in supervisory actions of more than $14 million.