Dodd-Frank: Title X - Bureau of Consumer Financial Protection
Term · Law · MLC-T-LAW-001716
The section of the Dodd-Frank Act that established the Consumer Financial Protection Bureau (CFPB) as an independent agency within the Federal Reserve System. The CFPB is tasked with protecting consumers in the financial marketplace by enforcing federal consumer financial laws and regulating financial products and services. This title aims to prevent predatory lending and other abusive practices.
| Identifier | MLC-T-LAW-001716 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001716",
"term": "Dodd-Frank: Title X - Bureau of Consumer Financial Protection",
"field": "Law",
"definition": "The section of the Dodd-Frank Act that established the Consumer Financial Protection Bureau (CFPB) as an independent agency within the Federal Reserve System. The CFPB is tasked with protecting consumers in the financial marketplace by enforcing federal consumer financial laws and regulating financial products and services. This title aims to prevent predatory lending and other abusive practices.",
"url": "https://mlchart.com/terminology/law/dodd-frank-title-x-bureau-of-consumer-financial-protection/"
}
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