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The Consumer Financial Protection Bureau (CFPB) is an independent 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, for-profit colleges, and other financial companies operating in the ...
Bess Myerson was appointed by Mayor John Lindsay as the first commissioner of the Department for Consumer Affairs in 1969. [2] [3] In 2019, the agency changed its name to the Department of Consumer and Worker Protection, expanding its role to protect workplace safety, paid sick leave laws, and freelancer protection. [4]
The California Department of Consumer Affairs (DCA) is a department within the California Business, Consumer Services, and Housing Agency.DCA's stated mission is to serve the interests of California's consumers by ensuring a standard of professionalism in key industries and promoting informed consumer practices.
Consumer Financial Protection Bureau (CFPB) director Rohit Chopra has said he does not believe his agency should be a “dead fish” in the final weeks of the Biden administration.
Federal consumer protection laws are mainly enforced by the Federal Trade Commission, the Consumer Financial Protection Bureau, the Food and Drug Administration, and the U.S. Department of Justice. At the state level, many states have adopted the Uniform Deceptive Trade Practices Act [ 12 ] including, but not limited to, Delaware, [ 13 ...
Consumer Financial Protection Bureau Director Rohit Chopra (left) and Federal Trade Commission Chair Lina Khan (right) listen as President Joe Biden speaks about new economic actions by his ...
The Department of Financial Protection and Innovation has a long history, dating back to the formation of California's first banking department. It became the DFPI in 2020 with the passage of the California Consumer Financial Protection Law (CCFPL). [2] Formation of State Banking Department (1909) and State Corporations Department (1913)
Billionaire Elon Musk, a key adviser to the incoming Trump administration, called for the Consumer Financial Protection Bureau to be eliminated, setting his sights on a regulator that has often ...