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Which of the Following Statements Is True of the Consumer

Question 75

Multiple Choice

Which of the following statements is true of the Consumer Financial Protection Bureau (CFPB) ?


A) It is a non-federal agency that governs consumer finance and mortgage area.
B) The automobile industry is exempt from its supervision.
C) The credit card and debit card industry is beyond its purview.
D) It lacks investigative and subpoena powers.

Correct Answer:

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