Why do you think Congress passed the Consumer Financial Protection Act when the FTC already had authority

Question:

Why do you think Congress passed the Consumer Financial Protection Act when the FTC already had authority to regulate many acts over which the CFPB also has authority?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

The Legal and Regulatory Environment of Business

ISBN: 978-0078023859

17th edition

Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe

Question Posted: