The Consumer Financial Protection Bureau: A New Regulatory Dynamic

“The Consumer Financial Protection Bureau: A New Regulatory Dynamic” by James Mihills for TSCPA’s Today’s CPA (November – December 2015)*

In recent years, certain politicians and media personalities have made reference to the Consumer Financial Protection Bureau (CFPB). As a federal agency, the CFPB is rather young. The legislation creating the bureau was not signed into law until July 2010. The CFPB, however, exercises considerable authority in regulating businesses that deliver financial products and services to consumers.

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