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Home » Big Increase in CFPB Budget Earmarked for Enforcement
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Big Increase in CFPB Budget Earmarked for Enforcement

April 22, 2013
The CFPB plans to spend a whole lot more in fiscal years 2013 and 2014 than it did in FY 2012, and a big chunk of that change is going to be devoted to supervision, enforcement and fair lending. In FY 2012, the CFPB budgeted just over $83 million for those three areas. For FY 2013, that is projected to leap to more than $132.8 million. For FY 2014, supervision, enforcement and fair lending will be earmarked more than $165.2 million. In every one of these fiscal years, SEFL categories have dwarfed all other CFPB programs except...
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