The Consumer Financial Protection Bureau is tasked with overseeing consumer financial markets in order to protect consumers from financial institutions overreach and fraud

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The Consumer Financial Protection Bureau is tasked with overseeing consumer financial markets in order to protect consumers from financial institutions overreach and fraud

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The CFPB is tasked with overseeing consumer financial markets and has proposed a few rules that touch on crypto over the years
In December, the agency sued the operator of Zelle, as well as the nation's top banks — Bank of America, JPMorgan Chase and Wells Fargo, "for failing to protect consumers from widespread fraud
That legislation was passed following the 2008 financial crisis, and it was intended to protect consumers from overreach by financial institutions and help prevent another crisis

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About Consumer Financial Protection Bureau (CFPB)

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