Editor’s note: This article is the second in a two-part series.

Part I of this series outlined the evolution of the Consumer Financial Protection Bureau (CFPB), the scope of its powers, and the in-roads the fledgling federal agency has made in material areas of the consumer financial product and service industry. This article, Part II in the two-part series, serves to summarize and highlight the recent activities of the CFPB, which warrant close and continued monitoring.