The CFPB has released its Fair Lending Annual Report to Congress, describing how the agency took action against unlawful discrimination and advanced access to fair credit in calendar year 2023.

"Because Congress charged the Consumer Financial Protection Bureau (CFPB) with the responsibility of overseeing many lenders and products, the CFPB has long used a risk-based approach to prioritizing supervisory examinations and enforcement activity. This approach helps ensure that the CFPB focuses on areas that present substantial risk of credit discrimination for consumers and small businesses..."