Office of Consumer Financial Protection

The Office of Consumer Financial Protection, commonly known as the Consumer Financial Protection Bureau (CFPB), is a U.S. government agency established to protect consumers in the financial sector. It oversees companies that offer financial products and services, such as banks and mortgage lenders, ensuring they treat consumers fairly. The CFPB educates people about their financial rights, enforces regulations to prevent abusive practices, and provides a platform for consumers to file complaints about financial products. Its goal is to make the financial system work better for everyone, especially ensuring transparency and fairness in financial transactions.