Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
What is Consumer Finance Protection Agency mean?
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States. Since its founding, the CFPB has used technology tools to monitor how financial entities used social media and algorithms to target consumers.: 531–532, 537
The CFPB's creation was authorized by the Dodd–Frank Wall Street Reform and Consumer Protection Act, whose passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB's status as an independent agency has been subject to many challenges in court. In June 2020, the United States Supreme Court found the single-director structure removable only with-cause unconstitutional, but allowed the agency to remain in operation.
referenceFull Form | Category |
---|---|
College Football Performance Awards | Academic & Science |
Central Forest Products Association | Business |
Consumer Financial Protection Agency | Business |
Consumer Financial Protection Act | Business |
Consumer Finance Protection Agency | Business |
Chlorine Free Products Association | Community |
College of Fine and Performing Arts | Community |
Coos Forest Protective Association | Community |
Connecticut Forest and Park Association | Community |
Connector for Front Panel Audio | Computing |
Center for Professional Advancement | General |
Consolidated Federal Programs Application | General |
California Food Policy Advocates | General |
Coalition for Peace Action | General |
China Foundation for Poverty Alleviation | General |
Centro de Formacion Profesional d'Automocio | General |
Cucamonga Foothills Preservation Alliance | Governmental |
Central Florida Paralegal Association | Governmental |
Posted on 07 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
Write Your Comments or Explanations to Help Others