The CFPB will only be effective so long as there's a Democrat in office. Never forget that Republicans just don't believe in government, so they'll appoint their horse judge buddies to run, say, FEMA and then act surprised when shit needs to get done and everything falls apart. I'm sure President Christie won't hesitate to appoint someone from the Chamber of Commerce to head the CFPB when he's elected, which is why it's important to keep driving stakes through the hearts of these vampires until they're all fucking dead.