The _____ was established after the latest financial crisis, in response to a situation that caused many consumers to lose their homes.

Question

Quizplus · Accepted Answer

The Consumer Financial Protection Agency (CFPA) was established after the latest financial crisis to prevent abusive financial practices and protect consumers from fraud and deceptive practices in the financial industry. The crisis caused many consumers to lose their homes, among other financial hardships. None of the other options listed specifically address the issue of consumer financial protection.

The _____ Was Established After the Latest Financial Crisis, in Response