The ________ is a federal statute,enacted by the Congress in 2010,which reorganizes federal government supervision of the banking system,regulates previous unregulated financial products and institutions,and adds a new consumer protection agency to protect consumers from abusive lending and banking practices.

Question

Quizplus · Accepted Answer

The description matches the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in 2010 to address issues related to the financial crisis and protect consumers from financial malpractices. Option B, C, and D do not match the given description.

The ________ Is a Federal Statute,enacted by the Congress in 2010,which