Post Content

The Consumer Financial Protection Bureau is a federal agency founded in 2011 and established in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFPB is tasked with educating and protecting consumers in their dealings with banks, credit unions, and other financial services. This past July, the Senate confirmed Richard Cordray as the Bureau’s director, allowing the agency to begin writing and implanting new rules for the financial industry.

While still in its institutional infancy, the CFPB offers consumers several avenues of assistance to avert their financial worries. The CFPB website has all of the agency’s resources available for consumers to access with the click of a mouse.

These resources include:

The Consumer Financial Protection Bureau has been a leader in government transparency. Those interested in investigating how this agency works can go to its dedicated open government page. Here you can find information on everything from the bureau’s organizational structure to detailed budgetary documents.

Financial industry regulations that the CFPB has enacted since its formation are detailed on the regulations page. These rules have helped to make banking more fair and accessible to all Americans.

Besides the trove of resources available on their website, the CFPB also has a hotline that can be reached at (855) 411-CFPB.

Bank smart and safely with this helpful federal agency.

Written By:

Tags: , ,

Recent Posts

Avoiding the Impulse: Tips for Shopping Responsibly posted on Apr 18

Avoiding the Impulse: Tips for Shopping Responsibly

Today’s consumers have purchasing power at the touch of a button and a recent U.S. Bank Cash Behavior Survey shows that most Americans prefer using digital apps to paying with cash. While the new age of shopping may be convenient, it can also lead to   …Continue Reading Avoiding the Impulse: Tips for Shopping Responsibly

Recognizing rental scams posted on Apr 13

Recognizing rental scams

Deciding where to rent can be stressful and competitive rental markets often leave consumers with little time to give significant consideration to such an important decision. While it is easy to get overwhelmed by the number of affordable units one may come across during an   …Continue Reading Recognizing rental scams

Becoming a scam savvy senior posted on Apr 10

Becoming a scam savvy senior

In January, Undersecretary John Chapman was a part of a collaborative effort to educate the public about the warning signs of elder financial abuse. Secretary Alice Bonner from the Executive Office of Elder Affairs, Middlesex County District Attorney Marian Ryan, and Division of Banks Commissioner   …Continue Reading Becoming a scam savvy senior