CFPB is the agency that keeps consumers safe when they open checking or savings accounts or take out a home loan. The last option provided is correct.
The CFPB. (acronym for the Consumer Financial Protection Bureau). is an organization created in the United Stated in 2011 in order to guarantee and ensure financial protection of the consumer by the regulation of financial services and the companies that offer them.
CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.