The CFPB has issued its financial report for its 2015 fiscal year, which ended on September 30, 2015. The report indicates that the number of CFPB employees grew from 1,443 in FY 2014 to 1,529 in FY 2015. Transfers to the CFPB from the Fed (which are capped by Dodd-Frank at a pre-set percentage of the Fed’s total 2009 operating expenses, subject to an annual adjustment) decreased from $534 million in FY 2014 to $485 in FY 2015. … Continue Reading
financial report
CFPB issues FY 2014 financial report; GAO finds material weakness in CFPB reporting controls
By Barbara S. Mishkin on
Posted in CFPB General, Regulatory and Enforcement
The CFPB has issued its financial report for its 2014 fiscal year, which ended on September 30, 2014. Perhaps most illustrative of the CFPB’s growth are the report’s statistics on the CFPB’s employees and funding. The report indicates that the number of CFPB employees grew from 663 in FY 2011 to 1,443 in FY 2014. … Continue Reading
FY 2013 financial report showcases CFPB’s growth
By Barbara S. Mishkin on
Posted in CFPB General, Regulatory and Enforcement
Earlier this week, the CFPB released its Financial Report for fiscal year 2013. Like previous reports, the 2013 report is divided into two parts: one part contains management’s discussion and analysis and the other part contains the CFPB’s financial statements and note disclosures.
Perhaps the most eye-catching numbers in the report are the CFPB employee numbers. … Continue Reading
CFPB issues fiscal year 2012 financial report
By John L. Culhane, Jr. on
Posted in CFPB General, Regulatory and Enforcement
The CFPB has issued its Financial Report for fiscal year 2012. The report is divided into two parts: one part contains management’s discussion and analysis and the second part contains the CFPB’s financial statements and note disclosures.
The report indicates that the CFPB grew from about 663 employees as of the end of FY 2011 to 970 as of the end of FY 2012 (which ended September 30). … Continue Reading