Introduction to Financial Services: The #Consumer #Financial #Protection #Bureau (#CFPB).
The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank; P.L. 111-203) established the Consumer Financial Protection Bureau (CFPB) to implement and enforce federal consumer financial law while ensuring that consumers can access financial products and services. The CFPB also aims to ensure that markets for consumer financial services and products are fair, transparent, and competitive. Dodd-Frank consolidated in the CFPB certain consumer-finance-related responsibilities previously covered by other regulators and created new authorities unique to the CFPB, as discussed below.
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Structure of the CFPB,
CFPB Regulatory Authority,
Banks,
Nonbanks,
Exempted Institutions,
Selected Policy Issues,
Payday Lending,
Debt Collection,
Financial Technology,
The COVID-19 Pandemic,
Agency Independence,
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