As of 2018, the Acting Head of the Consumer Financial

question 48

Multiple Choice

As of 2018, the acting head of the Consumer Financial Protection Bureau has requested all but which of the following changes to the Dodd-Frank Act?

• A) fund the bureau through taxes and fines from regulation violations
• B) require legislative approval of major bureau rules
• C) ensure that the director answers to the President  in the exercise of executive authority
• D) create an independent inspector general for the bureau

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Definitions:

Durable Good

A type of good that does not quickly wear out and is expected to last for several years under normal usage conditions.

Gross Domestic Product

GDP stands for Gross Domestic Product and refers to the sum of the monetary or market value of all final goods and services that are produced within the confines of a nation during a given time frame.

Social Well-Being

The condition of an individual or group in terms of their mental, emotional, and physical health and their ability to interact successfully with others in society.

Leisure Time

Free time available to an individual after dedicating time to work, chores, and other obligatory activities, often used for relaxation or hobbies.