In his Debtor-Creditor Law Wrap-Up, David M. Barshay, a member of Baker Sanders, writes that, widely regarded as a "consumer watchdog" group, the primary objective of the CFPB is to enforce federal consumer financial laws and supervise banks, credit unions, and other financial institutions as well as debt collectors and consumer reporting agencies deemed to be "larger market participants" by the agency's standards.
First Anniversary of Consumer Financial Protection Bureau
New York Law Journal
August 9, 2012
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