It's budget is around 600 million a year. So yeah, it probably recovers a little over double what it costs to operate.
That sounds okay, but bear in mind the recovered funds are... taxpayer dollars that we unfairly paid. And when you factor in the cost in taxes we pay for CFPB, that means... we're only getting a little more than half our money back. That's certainly better than not getting anything back, but I'd hesitate to call it "efficient".
If the benchmark is perfection, no one can meet that standard. On top of the 20B in recovered consumer relief, they’ve levied another 5B in fines. It’s also important to look at their progress [1] where they’ve taken > 350 enforcement actions since they started. They were on track to be quite successful at enforcement actions until Trump’s first term when he started trying to cripple them. Same with penalty relief btw. Most of the dollars returned were under Democratic presidents.
No agency within the government can do well when the administration is purposefully trying to cripple you in the first place.
> https://www.consumerfinance.gov/enforcement/enforcement-by-t...
- the legislative (Congress): both chambers have a Republican majority, and all Trump critics in the Republican party have long since been eliminated or have retired. Democrats are currently debating whether they should use the upcoming funding bill to force the Republicans to make concessions via inducing a government shutdown (https://www.theguardian.com/us-news/2025/feb/15/democrats-co...), but many fear this could backfire (e.g. Trump could say something along the lines of "these bad Democrats are forcing me to fire even more people because I can't pay them anymore").
- the judicial: some courts have ruled against some of the actions of DOGE (as well as other executive orders), but Trump is mostly ignoring them. It remains to be seen how the supreme court (with its 6-3 conservative majority) will decide when these cases (eventually) bubble up to them.
Courts are doing their thing, but they are slow. Republicans are already starting campaigns against judges and threatening impeachment against those that rule against them, and we're still all unsure at what point the Trump admin will defy courts and go full rogue. I think it's inevitable.
It's basically up to us now. If you have any Republican politicians representing you, blow them up on the phone, emails. Confront them in town halls and public appearances. They need to feel the backlash. We're seeing a little bit of this the past couple of days:
https://www.ajc.com/politics/mccormick-confronted-by-angry-c...
the federal workers union? they got told they don't have standing in a recent court case only the workers can bring a case despite the fact that the whole point of the union is to represent said workers.
the workers well being fired and told by the court their union can't help they are pretty much out of luck they don't have the money as they had paid it to the union that isn't being allowed to do its job.
the courts? maybe some but thanks to Mitch McConal leading the republicans to block filling many of the open judicial seats as possible they were left unfilled for much of the Obama administration allowing Trump to pack the federal judicial system with supporters during his first administration.
we are in the middle of an auto-coup
at this point the only thing that can stop in the shortish term is the democrats winning the next three special elections and having a 1 vote majority then having no defectors in any consequential vote. but even then that will only allowing the to block legislation not pass any as the republicans will still control the senate.
The two Florida congressional districts holding a special election in April are Trump +34 and Trump +37 from the last election. So yeah, that’s not happening.
It's about gutting the civil service and staffing them with loyalists that will do what Trump or Musk want, despite what the law says. It's consolidation of power and corruption. Musk is also crippling many of the agencies that enforce regulations on his businesses.