Consumer Financial Protection Bureau (CFPB) They Work With The Three Goals

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The agency I have chosen is the Consumer Financial Protection Bureau (CFPB) they work with three goals in mind. The first thing is to educate the consumer against abusive practices involved financial loans for mortgages, student loans and borrowing from financial institutions. The second goal is to enforce the laws guiding the supervision of banks, credit unions and financial companies. The third goal is to continue research in new procedures that are being used and to make sure they conform to federal regulations. This regulatory are comes from the authority of Congress. Part of the educational wing of this agency is to produce publications to help guide internal procedures at financial institutions.

Interesting to note is one of the