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The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...
The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is ...
The financial industry never wanted the Consumer Financial Protection Bureau, which was born out of mortgage lending abuses and created by Congress as part of the Dodd-Frank Wall Street Reform and ...
The Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau risk leaving Americans’ nearly $18 trillion in consumer debt with less supervision or regulation. One ...
The Consumer Financial Protection Bureau (CFPB) was envisioned by Elizabeth Warren while she was still a law professor at Harvard Law School.In 2010, it was established by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act under President Barack Obama and the Democrat-led Congress.
The CFPB was created after the financial crisis of 2007–2008 as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act.While initially aimed to protect consumers from bad mortgage lenders that had partially created the financial crisis, the CFPB has also involved itself in other areas at high risk of fraudulent activity that harm consumers, such as credit cards, credit ...
As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau (CFPB) wasted no time. In the two months leading up to the inauguration, the bureau ...
A view of the Consumer Financial Protection Bureau (CFPB) headquarters building in Washington, DC, on February 10, 2025. The Trump administration has informed staff at the US consumer protection ...