In its work plan updated as of March 27, 2015, the Office of Inspector General (OIG) has moved back the estimated completion dates of several ongoing projects previously estimated to be completed in the first quarter of 2015.  Those projects, which include an audit of the CFPB’s headquarters renovation and an audit of the CFPB’s

The Office of Inspector General’s (OIG) work plan, updated as of November 7, 2014, indicates that the OIG’s ongoing projects include audits of the CFPB’s information security program, pay and compensation program, distribution of civil penalty funds, public consumer complaint database and headquarters renovation costs.  Such projects also include an evaluation of the CFPB’s

The CFPB’s headquarters renovations is now the subject of two ongoing projects of the Office of Inspector General (OIG), according to the OIG’s updated work plan as of July 25, 2014.

As the OIG indicates in the work plan, it issued a letter in June 2014 reporting the results of its evaluation of the CFPB’s

The updated work plan as of August 30, 2013 of the Office of Inspector General (OIG) for the Fed and CFPB describes various CFPB projects that are “in progress” or “planned.” 

The projects listed as “work in progress” items include:

  • Evaluation of the CFPB’s integration of enforcement attorneys into examinations.  The CFPB’s practice of bringing

Republican Senator Rob Portman, together with ten other Republican Senators, has introduced a bill (S. 1310) titled the “Bureau of Consumer Financial Protection-Inspector General Reform Act of 2013.”  The bill would amend the Inspector General Act of 1978 to create a separate Inspector General (IG) for the CFPB who would be subject to Senate confirmation.