OIG Finds Room for CFPB To Improve Budget Requests
November 4, 2013
The Federal Reserve Office of Inspector General the IG for the CFPB completed an evaluation of the bureaus fiscal year 2013 budget and concluded the CFPB could improve some of its budget-related practices.Overall, our evaluation showed that the CFPB has a budget process in place to facilitate the achievement of its goals and performance objectives, including transparency to the public, the OIG said. However, we noted opportunities for the CFPB to enhance its practices related to preparing funding requests and posting budget...