Consumer Financial Protection BureauNY Daily News: CFPB Budget Equals 2% of JP Morgan Chase 2013 Litigation Expense Reserves Posted on March 15, 2017 by Jeff Sovern So says Lisa Servon in her op-ed, Save the federal consumer watchdog: The CFPB protects us all. Jeff Sovern Michael Millemann Professor of Consumer Protection Law University of Maryland Francis King Carey School of Law Operators of bogus telemarketing scheme settle with FTC Bloomberg’s Chris Bruce: U.S. Set to Signal Stance in Landmark CFPB Powers Case