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Volume 25 - Number 26

December 22, 2014

Worth Noting

Supervision & Enforcement to Exceed Half of CFPB Staff. The staffing level in the supervision, enforcement and fair lending division of the Consumer Financial Protection Bureau is projected to rise to just over half – 51.4 percent – of bureau personnel for fiscal year 2015, which began Oct. 1, 2014, and ends Sept. 30, 2015. SEFL staff made up 45.7 percent of the CFPB’s workforce in FY 2014. The other division of a significant size that is projected to grow in FY 2015 is the consumer response unit, which is slated to expand from 11.8 percent of the staff to 12.4 percent. There are two other large divisions – the operations unit and the research, markets and regulations unit – and both are projected ...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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