Consumer Financial Protection Bureau - CFPB
- Consumer Financial Protection Bureau - CFPB
- A regulatory agency charged with overseeing financial products and services that are offered to consumers. The Consumer Financial Protection Bureau is divided into several units, including: research, community affairs, consumer complaints, the Office of Fair Lending and the Office of Financial Opportunity. These units work together to protect and educate consumers about the various types of financial products and services that are available.
The Consumer Financial Protection Bureau was created by the Dodd-Wall Street Reform and Protection Consumer Act of 2010. The CFPB is headed by a chief who is appointed by the President for a five-year term. The bureau is also assisted by a Consumer Advisory Council, composed of at least six members who are recommended by regional Federal Reserve presidents.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
United States Consumer Financial Protection Bureau — U.S. Consumer Financial Protection Bureau CFPB Agency overview Formed July 21, 2011 Jurisdiction Federal government of the United States Headquarters Washington, D.C. Agency executive … Wikipedia
Consumer Financial Protection Act — An amendment to the National Bank Act designed to identify and explain the standards that apply to national banks. The Consumer Financial Protection Act aims to increase oversight and clarify the laws governing financial transactions in order to… … Investment dictionary
Office of Thrift Supervision — Agency overview Formed August 9, 1989 Preceding agency Federal Home Loan Bank Board Dissolved … Wikipedia
Committee on Capital Markets Regulation — Abbreviation CCMR Formation 2006 Type nonpartisan research Purpose/focus Improving regulation of U.S. Capital Markets Headquarters … Wikipedia
Oficina de Protección Financiera del Consumidor — La Oficina de Protección Financiera del Consumidor de los Estados Unidos (en inglés: United States Consumer Financial Protection Bureau, abreviatura CFPB) es una agencia federal gubernamental responsable de la regulación de protección al… … Wikipedia Español
