The Consumer Financial Protection Bureau (CFPB) receives its operating funds from the Federal Reserve.
November 19, 2025
high
financial/structural
Describes the CFPB's funding mechanism as tied to the Federal Reserve rather than (solely) annual appropriations.
The Consumer Financial Protection Bureau (CFPB) is funded through funds provided by the Federal Reserve.
November 19, 2025
high
financial
Describes the statutory funding mechanism used to finance CFPB operations.
The Consumer Financial Protection Bureau (CFPB) was created in response to the 2008 financial crisis as part of the Dodd-Frank Act, legislation intended to overhaul the financial system and to increase banks' capital requirements.
January 01, 2008
high
legal/organizational
Describes the statutory origin and broad purpose of the CFPB and the Dodd-Frank Act.
The Consumer Financial Protection Bureau (CFPB) is established to serve as an independent advocate for consumers in the financial marketplace, with a mission to protect consumers from unfair or abusive practices.
January 01, 2008
high
organizational
Describes the CFPB's stated mission and role in the financial system.