Which of the Following Responsibilities Was Granted to the Consumer

question 91

Multiple Choice

Which of the following responsibilities was granted to the Consumer Financial Protection Bureau (CFPB) ?

• A)Authority to act if a bank with more than $50 billion in assets poses a threat to the financial stability of the United States
• B)Authority to limit the ability of banks to trade on their own accounts
• C)Authority to examine and enforce regulations for banks and credit unions with assets over $10 billion
• D)Authority to conduct studies regarding consolidation of accounting firms

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Definitions:

Psychological Disorders

Mental health conditions characterized by disrupting thought patterns, emotions, or behaviors.

Heredity

The passing of traits from parents to offspring through genes.

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural, social, and built environments.

Stubborn Personality

A personality trait characterized by a persistent refusal to change thoughts, behaviors, or attitudes despite external pressure or evidence.