NEW YORK ( LowCards.com) -- July 21 marked the one year anniversary of the Consumer Financial Protection Bureau, no small feat since right up until its first day on the job as a consumer watchdog there was a battle being waged in Congress over whether the agency should even exist in its proposed form, not even to mention the hemming and hawing and public posturing over who would be allowed to run the agency. In all, it's fair to say that the fight over the CFPB before it even existed took longer and accomplished less than the CFPB took care of in its first year of business.
The CFPB has proved to be agency of action so far, willing to stick up for consumers, particularly credit cardholders.
Created to enforce federal consumer financial laws and to supervise banks, credit unions, and other financial institutions, the CFPB has already issued hundreds of millions of dollars in fines and has set up some systems that are proving beneficial to consumers.
The CFPB has tackled more than just credit card issues, including a major effort to overhaul mortgage disclosure and stop
The CFPB created a
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