The Consumer Financial Protection Bureau (CFPB) is crucial for overseeing financial institutions. It enforces laws that protect consumers from abusive practices. Established in 2010, CFPB aims to ensure fair treatment for all borrowers. The bureau supervises banks, credit unions, and other financial companies. By regulating mortgages, credit cards, and loans, CFPB safeguards consumers from deceptive practices. CFPB provides resources and education to help consumers make informed financial decisions. The bureau plays a vital role in maintaining transparency and accountability in the financial sector. Through its enforcement actions, CFPB holds companies accountable for violating consumer protection laws, promoting a fair and competitive marketplace.