Answered

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One purpose of the Consumer Financial Protection Bureau is to:

A. protect consumers from fraud
B. protect businesses from scams
C. protect banks from armed robbery
D. protect the government from identity theft

Sagot :

GinnyAnsweridn

Final answer:

The Consumer Financial Protection Bureau (CFPB) was established in 2011 to safeguard consumers from fraud in financial industries and enhance financial system transparency and stability.


Explanation:

The Consumer Financial Protection Bureau (CFPB) was created in 2011 to oversee financial industries prone to abusive practices, like sub-prime mortgage lenders and payday lenders. It aims to protect consumers from fraudulent activities, improve financial system accountability, and prevent taxpayer-funded bailouts.


Learn more about Consumer Financial Protection Bureau (CFPB) here:

https://brainly.com/question/32066427


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