{"id":38477,"date":"2023-03-17T08:18:48","date_gmt":"2023-03-17T12:18:48","guid":{"rendered":"https:\/\/d56fg8tfg.fitnews.club\/finance\/cfpb-releases-report-showcasing-2012-highlights\/"},"modified":"2023-03-17T08:18:48","modified_gmt":"2023-03-17T12:18:48","slug":"cfpb-releases-report-showcasing-2012-highlights","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/finance\/cfpb-releases-report-showcasing-2012-highlights\/","title":{"rendered":"CFPB Releases Report Showcasing 2012 Highlights"},"content":{"rendered":"
CFPB\u2019s Semi-Annual Report Describes Use of Its Multiple Authorities to Help Consumers<\/strong><\/em><\/p>\n WASHINGTON, D.C.<\/strong> \u2013 Today, the Consumer Financial Protection Bureau (CFPB) released its Semi-Annual Report<\/a> highlighting the Bureau\u2019s work in the first half of 2012. One year ago, the CFPB became the nation\u2019s first federal agency solely focused on protecting Americans in the consumer financial products and services marketplace.<\/p>\n \u201cConsumers deserve to be treated fairly, and to have someone stand on their side when they are not,\u201d said CFPB Director Richard Cordray. \u201cThe CFPB has used the tools at our disposal for the benefit of consumers in the past year, and we pledge to continue to do so as we work to promote a transparent, fair, and competitive consumer financial marketplace.\u201d<\/p>\n The Dodd-Frank Wall Street Reform and Consumer Protection Act created the CFPB not only to protect consumers but also to help provide consistent enforcement of federal consumer financial laws. Today\u2019s report covers the Bureau\u2019s actions from January 1, 2012 through June 30, 2012. It showcases how the Bureau has used its multiple authorities, including regulation, supervision, enforcement, market research, financial education, and the authority to deal directly with consumer complaints regarding consumer financial products and services. The following are some of the highlights of the Bureau\u2019s activities since January 1, 2012, including accomplishments that are addressed in the report, as well as significant achievements since July 1, 2012.<\/p>\n The CFPB has worked on all of these projects while engaged in its start-up activities such as creating the Consumer Response Center, building an interactive and educational website, and hiring economists, industry experts, and regulations experts. The Bureau has worked to build an infrastructure that promotes transparency, accountability, fairness, and service to the public.<\/p>\n The full text of the Semi-Annual Report is available at: https:\/\/files.consumerfinance.gov\/f\/201207_cfpb_Semi-Annual_Report.pdf<\/span> \n