What the Consumer Financial Protection Bureau ... - Venable LLP
What the Consumer Financial Protection Bureau ... - Venable LLP
What the Consumer Financial Protection Bureau ... - Venable LLP
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CFPB: OVERVIEW AND STRUCTURECFPB FOCUS• Educate – “An informed consumer is <strong>the</strong> first line ofdefense against abusive practices.”• Enforce – “Like a neighborhood cop on <strong>the</strong> beat, <strong>the</strong>CFPB supervises banks, credit unions, and o<strong>the</strong>r financialcompanies, and we will enforce Federal consumerfinancial laws.”• Study – “The consumer bureau ga<strong>the</strong>rs and analyzesavailable information to better understand consumers,financial services providers, and consumer financialmarkets.”