What is the role of the Consumer Financial Protection Bureau?

The Consumer Financial Protection Bureau (CFPB) plays a vital role in safeguarding consumers in the financial marketplace. Its primary objective is to provide information and assistance to consumers regarding financial services, including mortgages, credit cards, and loans. The CFPB was established to ensure that consumers have access to transparent and understandable information about financial products, enabling them to make informed decisions.

By educating consumers and providing resources, the CFPB empowers them to navigate financial systems more effectively and protects them from abusive practices in the financial sector. This mission aligns closely with option D, highlighting the Bureau's emphasis on consumer education and support in financial matters.