The Consumer Financial Protection Bureau has taken an interesting course in its short life as the chief financial regulator for consumer products and services—to say the least.

First, it was led by CFBP “architect” and now-Senator Elizabeth Warren who held a role as special advisor to the president. But as specified under the Dodd-Frank Act, the agency wouldn’t become an enforcement powerhouse until an official director was confirmed. Finally through a recess appointment by President Obama in January 2012, the CFPB got its full “teeth,” and has been operating under the leadership of Director Richard Cordray with its full power potential, much to the dismay of Republican members of Congress who have long opposed the CFPB and its leadership structure.