December 2, 2024 — Consumer Resources

When a financial institution, individual, or other entity subject to the CFPB’s jurisdiction breaks the law, the
CFPB may take enforcement action against them. In certain cases, the CFPB may partner with other federal, state, or local agencies to investigate the wrongdoing and coordinate the enforcement action.

During Director Chopra’s tenure, the CFPB has filed 75 enforcement actions and resolved 28 previously-filed lawsuits through final orders and obtained orders resulting in lawbreakers returning over $6 billion to compensate harmed consumers and paying over $3.2 billion in civil money penalties.

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