Consumer Financial Protection Bureau

Consumer Financial Protection Bureau is the U.S.-based independent agency responsible for consumer protection in the financial sector.

Consumer Financial Protection Bureau is an independent agency of the U.S. government responsible for consumer protection in the financial sector. The agency’s jurisdiction includes banks, credit unions, security firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States. Consumer Financial Protection Bureau was created 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. Consumer Financial Protection Bureau was founded in 2010 and is headquartered in Iowa City, I.A.