FTC and CFPB Reauthorize Memorandum of Understanding

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For Your Information

The Federal Trade Commission and Consumer Financial Protection Bureau have reauthorized their memorandum of understanding. The agreement reflects the ongoing coordination between the two agencies under the terms of the Consumer Financial Protection Act, and is designed to coordinate efforts to protect consumers and avoid duplication of federal law enforcement and regulatory efforts.

The Commission vote approving the reauthorization was 5-0.

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.

Contact Information

MEDIA CONTACT:
Nicole Drayton
Office of Public Affairs
202-326-2565

STAFF CONTACT:
Stephanie Rosenthal
Bureau of Consumer Protection
202-326-3332