12
QuizMultiple Choice

Regulatory Policy

Question 12 • PMHS Civics Q2

Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair?

Answer
F
FDA- Food and Drug Administration
S
SEC- U.S. Securities and Exchange Commission
C
CFPB- Consumer Financial Protection Bureau
F
FCC- Federal Communications Commission

Explanation

The Consumer Financial Protection Bureau (CFPB) oversees many consumer financial products, including mortgages and other home loans, and works to ensure consumers are treated fairly. The FDA regulates food and drugs, the SEC regulates securities, and the FCC regulates communications.

AI-written and checked against the verified answer.

Previous
Next