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OFFICE OF INSPECTOR GENERAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
CONSUMER FINANCIAL PROTECTION BUREAU
June 30, 2014
Chief of Staff
Consumer Financial Protection Bureau
Melissa Heist //signed//
Associate Inspector General for Audits and Evaluations
OIG Report No. 2014-MO-C-008: The CFPB Has Established Effective GPRA Processes, but Opportunities Exist for Further Enhancement
The Office of Inspector General has completed its report on the subject audit. We conducted this audit to determine the Consumer Financial Protection Bureau’s (CFPB) progress in implementing the Government Performance and Results Act of 1993, as amended by the GPRA Modernization Act of 2010 (GPRA). Our objectives for this audit were to assess the effectiveness of the CFPB’s processes that address GPRA and whether the CFPB is complying with applicable sections of GPRA.
We provided you with a draft of our report for review and comment. In your response, you outlined actions that have been or will be taken to address our recommendations. We have included your response as appendix C to our report.
We appreciate the cooperation that we received from CFPB staff during our audit. Please contact me if you would like to discuss this report or any related issues.
Stephen Agostini, Chief Financial Officer
J. Anthony Ogden, Deputy Inspector General