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Home » News » As Washington Grapples with Spending, CFPB May Face Challenges Transitioning into More Mature Role
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As Washington Grapples with Spending, CFPB May Face Challenges Transitioning into More Mature Role

February 21, 2013
The Consumer Financial Protection Bureau may run into budget pressures as it transitions from its start-up and rulemaking period to supervision and enforcement, all while policymakers struggle with spending restraints and Congressional Republicans continue to sharpen their CFPB axes in light of the Noel Canning v. National Labor Relations Board ruling, according to an industry consultant. If the bureau does need more funding, it might find its influence unexpectedly limited. The D.C. Circuit Court of Appeals’ Jan. 25 decision in Canning raises...
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