The Consumer Financial Protection Bureau replaced the federal consumer financial regulatory system which had been split among the Office of the Comptroller of the Currency, Office of Thrift Supervision, FDIC, Federal Reserve, National Credit Union Administration, HUD, and the FTC.

Question

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The Consumer Financial Protection Bureau was created in 2010 to consolidate the federal consumer financial regulatory system, which had previously been split among multiple agencies.

The Consumer Financial Protection Bureau Replaced the Federal Consumer Financial