Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gondring
...newly formed Consumer Financial Protection Bureau.

What's up with that?

8 posted on 07/18/2011 9:36:57 PM PDT by Doofer
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Doofer

The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

Congress established the CFPB to protect consumers by carrying out Federal consumer financial laws. Among other things, the consumer bureau will:
Conduct rule-making, supervision, and enforcement for Federal consumer financial protection laws
Restrict unfair, deceptive, or abusive acts or practices
Create a center to take consumer complaints
Promote financial education
Research consumer behavior
Monitor financial markets for new risks to consumers
Enforce laws that outlaw discrimination and other unfair treatment in consumer finance

Many of the pieces of the Dodd-Frank Act relating to the CFPB will go into effect on July 21, 2011.


9 posted on 07/18/2011 9:41:35 PM PDT by kcvl
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer

“The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.”

http://www.consumerfinance.gov


11 posted on 07/18/2011 9:42:50 PM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer

It’s another “I’m from the government and I’m here to screw you some more” bureaucracies.

We’re in a depression and the silly SOB takes everything so lightly.

FUBO


12 posted on 07/18/2011 9:44:37 PM PDT by unkus (Silence Is Consent)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer

Consumer Protection Bureau?

I thought that WAS the joke.


13 posted on 07/18/2011 9:47:58 PM PDT by Clump (the tree of liberty is withering like a stricken fig tree)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer
...newly formed Consumer Financial Protection Bureau.<<<

What's up with that?

Key word: "protection". What a racket.

27 posted on 07/18/2011 10:09:35 PM PDT by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer

“...newly formed Consumer Financial Protection Bureau.
What’s up with that?”

It’s another one of Obama’s czars with a nice sounding title to fool us into thinking he’s doing something good for us ignorant (what they think) citizens, but behind the scenes he’s putting in more controls on us and further destroying our freedoms and the country.


37 posted on 07/18/2011 10:49:31 PM PDT by abcc2011 (Christian and conservative.)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Doofer
What's up with that?

Setting us up for price controls. But not for everyone.
Some animals are more equal than others.

I wonder why Jimmy Carter wasn't tapped for the job?
He's got the experience, LOL.

40 posted on 07/18/2011 11:36:43 PM PDT by Publius6961 (My world was lovely, until it was taken over by parasites.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson