CONSUMER FINANCIAL PROTECTION BUREAU: An Overview

Okay, so if you happen to read this blog, whether because you are one of our regulars (you don't count, Mom) or because Google tells you that you should, you have likely heard of Dodd-Frank, Elizabeth Warren, the Consumer Finance Protection Bureau and the changes to consumer finance regulation, investigation and enforcement that are underway. Even so, we found this article published by the New America Foundation informative. Its distillation of important information related to the mission and formation of the CFPB is plain-spoken, does not invoke a "stop drop and roll" reflex, and should be required reading for all who may need to communicate on the subject with other human beings.

For those of you who know little about the New America Foundation and wish to know a little more, and with all the necessary cautions regarding Wikipedia, you can find out a little more here.