Knowledge Tree
Relations (1)
related 2.58 — strongly supporting 4 facts
The Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation are related as fellow members of the Interagency Task Force on Fair Lending [1] and the Federal Financial Institutions Examination Council [2]. They frequently collaborate on regulatory requests [3] and joint enforcement actions regarding fair lending and discrimination [4], [5].
Facts (4)
Sources
Fair Lending Report of the Consumer Financial Protection Bureau federalregister.gov 4 facts
measurementIn 2023, the FDIC, NCUA, FRB, OCC, and CFPB collectively made 33 referrals to the Department of Justice (DOJ) involving discrimination in violation of the Equal Credit Opportunity Act (ECOA).
referenceThe Federal Financial Institutions Examination Council (FFIEC) is composed of 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 Consumer Financial Protection Bureau (Bureau).
measurementIn 2023, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Federal Trade Commission (FTC) collectively brought four fair lending enforcement actions.
claimThe Interagency Task Force on Fair Lending consists of the Consumer Financial Protection Bureau (CFPB), the Department of Housing and Urban Development (HUD), the Federal Trade Commission (FTC), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), the Department of Justice (DOJ), and the Federal Housing Finance Agency (FHFA).