The _____ was established after the latest financial crisis, in response to a situation that caused many consumers to lose their homes.

A) Environmental Protection Agency
B) World Bank
C) Consumer Financial Protection Bureau
D) World Trade Organization
E) Sarbanes-Oxley Act

Consumer Financial Protection Bureau

A U.S. government agency aimed at ensuring consumers are treated fairly by banks, lenders, and other financial institutions, and protecting consumers from unfair, deceptive, or abusive practices.

Financial Crisis

A significant disruption in the flow of funds within financial markets and institutions, leading to a severe decline in asset values and liquidity, often resulting in a recession.