7
QuizMultiple Choice

Regulatory Policy — Quiz

Question 7 • Economics

Which agency keeps consumers safe when they open a credit card account or take out a home loan?

Answer
A
CFPB- Consumer Financial Protection Bureau
B
SEC- U.S. Securities and Exchange Commission
C
OSHA- Occupational Safety and Health Administration
D
FDA- Food and Drug Administration

Explanation

The Consumer Financial Protection Bureau (CFPB) oversees consumer financial products and services, including credit cards and home loans. It works to protect borrowers and cardholders from unfair or deceptive practices. OSHA protects workplace safety, the SEC regulates securities, and the FDA oversees food and medicines.

AI-written and checked against the verified answer.

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