Tuesday, February 3, 2015

To what agency does the Consumer Financial Protection Bureau or CFPB report?

To what agency does the Consumer Financial Protection Bureau or CFPB report?
The Consumer Financial Protection Bureau (CFPB) is an independentunit located within and funded by the United States FederalReserve. It is also currently affiliated with the U.S. TreasuryDepartment. Its main purpose, among others, is to promotetransparency and fairness for consumers regarding mortgages, creditcards, student loans, and other consumer financial services.

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