Consumer Financial Protection Bureau (CFPB)

Consumer Financial Protection Bureau is the federal agency that holds primary responsibility for regulating consumer protection in the United States. The jurisdiction of the bureau includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies, and its most pressing concerns are mortgages, credit cards and student loans. The CFPB is an independent unit located inside and funded by the United States Federal Reserve, with interim affiliation with the U.S. Treasury Department. It writes and enforces bank rules, conducts bank examinations, monitors and reports on markets, as well as collects and tracks consumer complaints.

Federal Deposit Insurance Corporation (FDIC)Federal Deposit Insurance Corporation (FDIC)

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships.

Federal Financial Institutions Examination Council (FFIEC)

The FFIEC is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS) and to make recommendations to promote uniformity in the supervision of financial institutions.

Federal Trade Commission (FTC)

The FTC is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues vigorous and effective law enforcement, advances consumers’ interests by sharing its expertise with federal and state legislatures as well as U.S. and international government agencies, develops policy and research tools through hearings, workshops, and conferences, and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies.

Federal Reserve System (FRS)

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. According to the Board of Governors, the Federal Reserve is independent within government in that "its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government." However, its authority is derived from the U.S. Congress and is subject to congressional oversight.

Financial Crimes Enforcement Network (FinCEN)

The U.S. Department of the Treasury established the Financial Crimes Enforcement Network in 1990 to provide a government-wide multisource financial intelligence and analysis network. The organization's operation was broadened in 1994 to include regulatory responsibilities for administering the Bank Secrecy Act, one of the nation's most potent weapons for preventing corruption of the U.S. financial system. The USA PATRIOT Act of 2001, enacted shortly after the 9/11 attacks in America, broadened the scope of the Bank Secrecy Act to focus on terrorist financing as well as money laundering. The Act also gave the Financial Crimes Enforcement Network additional responsibilities and authorities in both important areas, and established the organization as a bureau within the Treasury Department.

National Credit Union Administration (NCUA)National Credit Union Administration (NCUA)

NCUA is the independent federal agency that regulates, charters and supervises federal credit unions. With the backing of the full faith and credit of the U.S. government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 90 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

Office of the Comptroller of the Currency (OCC)

The OCC's primary mission is to charter, regulate, and supervise all national banks and federal savings associations. It also supervises the federal branches and agencies of foreign banks. Its goal in supervising banks and federal savings associations is to ensure that they operate in a safe and sound manner and in compliance with laws requiring fair treatment of their customers and fair access to credit and financial products.

Office of Thrift Supervision (OTS)Office of Thrift Supervision (OTS)

On July 21, 2011, supervisory responsibility for federal savings associations transferred to the Office of the Comptroller of the Currency (OCC). 

U. S. Department of Housing and Urban Development (HUD)

The United States Department of Housing and Urban Development, also known as HUD, is a Cabinet department in the Executive branch of the United States federal government. Its major programs are: Community Planning and Development; Housing, responsible for the Federal Housing Administration, mission regulation of Fannie Mae and Freddie Mac, regulation of Manufactured housing, administration of Multifamily housing programs, including Supportive Housing for the Elderly and Supportive Housing for Persons with Disabilities, and Healthcare facility loan insurance; Public and Indian Housing; Fair Housing and Equal Opportunity; Policy Development and Research; Government National Mortgage Association (Ginnie Mae); Healthy Homes and Lead Hazard Control; and, Partnership for Advancing Technology in Housing.