
The Bureau of Consumer Financial Protection
The Bureau of Consumer Financial Protection, also known as the Consumer Financial Protection Bureau (CFPB), is an agency created to protect consumers in the financial marketplace. It oversees banks, lenders, and financial companies to ensure fair practices, transparency, and that consumers are treated fairly. The CFPB enforces laws related to credit cards, mortgages, student loans, and more, helping prevent fraud, abuse, and unfair treatment. Its goal is to give consumers clear information, support responsible lending, and promote financial stability and fairness in the industry.