The Dodd-Frank Wall Street Reform and Consumer Protection Act Evolved

Multiple Choice

The Dodd-Frank Wall Street Reform and Consumer Protection Act evolved from the mortgage industry meltdown, which was the consequence of deceptive behavior of professionals on Wall Street and uninformed consumers who risked too much and purchased homes whose future monthly payments were more than they could afford. The agency that was created to provide consumers with accurate information so they can make informed decisions about loans and other financial instruments is known as the _____________________.

A) Consumer Financial Protection Bureau (CFPB) .
B) Federal Trade Commission (FTC) .
C) Due Diligence Agency (DDA) .
D) Financial Fairness Consortium (FFC) .