On July 30, the CFPB published its second semiannual report to Congress. The report, which is mandated by the Dodd-Frank Act, provides an update of CFPB activities from January 1, 2012 through June 30, 2012. Included in the report is an overview of the CFPB’s complaint handling process and updated summary information about complaints received to date. The CFPB also states that it is currently conducting investigations spanning the “full breadth of the Bureau’s enforcement jurisdiction” while attempting to focus on violations that cause the most harm to consumers. As in the first report, this report identifies consumer “shopping challenges”, highlights planned regulatory activities for the remainder of 2012, and compiles citations to testimony and speeches delivered, and reports prepared or expected to be prepared over the coming months.