The CFPB’s Mission
To promote compliance with federal consumer financial laws and educate consumers about consumer financial products and services.
Our vision
The CFPB works to create and support innovative and resilient consumer financial markets where consumers can choose the products and services that meet their individual needs.
What we do
The CFPB was established by Congress to regulate the offering and provision of consumer financial products and services under federal consumer financial laws and to educate and empower consumers to make informed financial decisions.
We carry out this responsibility by focusing CFPB resources on areas where we can deliver meaningful benefits to consumers, promote compliance with the law, and support fair, transparent, competitive, and innovative consumer financial markets.
Our work includes:
- Addressing pressing threats to consumers
- Promoting compliance with federal consumer financial law
- Enforcing the law fairly and consistently
- Supporting informed consumer choice
- Identifying and addressing outdated, unnecessary, or unduly burdensome regulations
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