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Category: At the CFPB |

Realigning our supervision work

Today we’re announcing the reorganization of our Headquarters staff for Supervision. We will continue having two Supervision offices at Headquarters, but now we will have one focusing on examinations and one focusing on policy. This realignment is consistent with our mission to protect consumers across financial services markets without regard to the charter of the […]

Category: Policy and compliance |

The CFPB launches its nonbank supervision program

A Beginning Today marks an important step forward for the CFPB as we work to protect consumers. Going forward, the CFPB will expand its bank supervision program (which began last July) to nonbanks, ensuring that banks and nonbanks play by the same rules. Before we get ahead of ourselves, it makes sense to remember what […]

Category: At the CFPB | Category: Policy and compliance |

A consumer-centered supervision program

Yesterday, we began operation of what will be the largest function within the CFPB: Supervision. As part of this effort, Special Advisor to the Secretary of the Treasury Elizabeth Warren and Assistant Director for Bank Supervision Steve Antonakes signed and sent introductory letters to the CEOs of over 170 financial institutions that are subject to […]

Category: At the CFPB | Category: Policy and compliance |

Be a Part of Our Supervision Team

We’re looking for highly motivated individuals who want to make a difference and be part of an important mission: helping consumers. The Consumer Financial Protection Bureau is a brand-new 21st century agency with responsibility for making markets for consumer financial products and services work for Americans. To help carry out that mission, we will supervise […]