The ________ establishes the Bureau of Consumer Financial Protection.
A)Clayton Act
B)Consumer Product Safety Act
C)Sherman Antitrust Act
D)Financial Reform Law
E)Wheeler-Lea Act

Question

Quizplus · Accepted Answer

The Financial Reform Law, also known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, established the Bureau of Consumer Financial Protection (CFPB) in 2010. The CFPB is responsible for regulating financial products and services, such as mortgages and credit cards, to ensure that consumers are treated fairly and are not subjected to predatory practices.

The ________ Establishes the Bureau of Consumer Financial Protection