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An Uncertain Future for the Consumer Financial Protection Bureau
by Greg
The future of a federal consumer watchdog agency is uncertain amidst pledges to reduce the agency. Congress created the Consumer Financial Protection Bureau as part of the bipartisan 2010 Dodd-Frank Wall Street Reform Act. The Bureau issues regulations regarding "payday" loans, student loans, credit cards and mortgages. Congress is expected to pass legislation reforming the Bureau's structure and authority next year.

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