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What Federal agency regulates the Truth In Lending act?

Anonymous

∙ 11y ago

Updated: 4/28/2022

From TILA's inception, the authority to implement the statute by issuing regulations was given to the Federal Reserve Board. However, on July 21, 2011, TILA's general rule making authority was transferred to the Consumer Financial Protection Bureau, which was established on that date pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act which was enacted in July 2010.

Wiki User

∙ 11y ago

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