Consumer Financial Protection Bureau Launches Website
The Consumer Financial Protection Bureau Now Has a Website
On February 3, 2011, the Consumer Financial Protection Bureau (CFPB), still in formation, launched its website to begin a conversation with consumers. The Bureau’s opening film says it will "work to cut down on the fine print."
On Friday, September 17, 2010, President Obama appointed Elizabeth Warren to oversee the creation of the CFPB, but did not name her the director to avoid a confirmation battle in the Senate. President Obama signed the Dodd-Frank Wall Street Reform Act of 2010 on Wednesday, July 21, 2010 and the Consumer Financial Protection Bureau is to be set up within a year.
To give input to the new Bureau which is "open for suggestions" visit http://www.consumerfinance.gov/.