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<?xml-stylesheet type="text/xsl" href="../part2stratml.xsl"?><StrategicPlan><Name>Learn About the Bureau</Name><Description>The consumer bureau will work to make sure that consumers have the information they need to understand the terms of their agreements with financial companies. It will also work to make regulations and guidance as clear and streamlined as possible so providers of consumer financial products and services can follow the rules on their own.</Description><OtherInformation/><StrategicPlanCore><Organization><Name>Consumer Financial Protection Bureau </Name><Acronym>CFPB</Acronym><Identifier>_e7b09a84-500c-11e0-b467-78787a64ea2a</Identifier><Description>Congress established the CFPB to protect consumers by carrying out Federal consumer financial laws.Many of the pieces of the Dodd-Frank Act relating to the CFPB will go into effect on July 21, 2011.  The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) established the consumer bureau. Many of the pieces of the Dodd-Frank Act relating to the CFPB will go into effect on July 21, 2011. The Secretary of the Treasury is responsible for setting up the consumer bureau ...</Description><Stakeholder><Name>Elizabeth Warren</Name><Description>On September 17, 2010, President Obama and Treasury Secretary Geithner named Elizabeth Warren as Assistant to the President and Special Advisor to the Secretary of the Treasury on the CFPB.</Description></Stakeholder></Organization><Vision><Description>... ensuring that consumers get the information they need to make the financial decisions they believe are best for themselves and their families -- that prices are clear up front, that risks are visible, and that nothing is buried in fine print. In a market that works, consumers should be able to make direct comparisons among products and no provider should be able to build, or feel pressure to build, a business model around unfair, deceptive, or abusive practices.</Description><Identifier>_e7b09cf0-500c-11e0-b467-78787a64ea2a</Identifier></Vision><Mission><Description>To make markets for consumer financial products and services work for Americans -- whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.</Description><Identifier>_e7b09dd6-500c-11e0-b467-78787a64ea2a</Identifier></Mission><Value><Name/><Description/></Value><Goal><Name>Educate</Name><Description>The CFPB will work to promote financial education.</Description><Identifier>_e7b09e76-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation>An informed consumer is the first line of defense against abusive practices.</OtherInformation><Objective><Name>Financial Education</Name><Description>Promote financial education</Description><Identifier>_e7b09f0c-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>1.1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective></Goal><Goal><Name>Enforce</Name><Description>Like a neighborhood cop on the beat, the CFPB will supervise banks, credit unions, and financial companies, and it will enforce Federal consumer financial laws.</Description><Identifier>_e7b09fac-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>2</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/><Objective><Name>Rule-Making, Supervision, and Enforcement</Name><Description>Conduct rule-making, supervision, and enforcement for Federal consumer financial protection laws</Description><Identifier>_e7b0a042-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>2.1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective><Objective><Name>Unfair, Deceptive, or Abusive Practices</Name><Description>Restrict unfair, deceptive, or abusive acts or practices</Description><Identifier>_e7b0a0f6-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>2.2</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective><Objective><Name>Consumer Complaints</Name><Description>Create a center to take consumer complaints</Description><Identifier>_e7b0a1a0-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>2.3</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective><Objective><Name>Discrimination and Unfair Treatment</Name><Description>Enforce laws that outlaw discrimination and other unfair treatment in consumer finance</Description><Identifier>_e7b0a24a-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>2.4</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective></Goal><Goal><Name>Study</Name><Description>The consumer bureau will gather and analyze available information to better understand consumers, financial services providers, and consumer financial markets.</Description><Identifier>_e7b0a308-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>3</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/><Objective><Name>Consumer Behavior</Name><Description>Research consumer behavior</Description><Identifier>_e7b0a402-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>3.1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective><Objective><Name>Risk Monitoring</Name><Description>Monitor financial markets for new risks to consumers</Description><Identifier>_e7b0a4d4-500c-11e0-b467-78787a64ea2a</Identifier><SequenceIndicator>3.2</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective></Goal></StrategicPlanCore><AdministrativeInformation><StartDate/><EndDate/><PublicationDate>2011-03-16</PublicationDate><Source>http://www.consumerfinance.gov/the-bureau/</Source><Submitter><FirstName>Owen</FirstName><LastName>Ambur</LastName><PhoneNumber/><EmailAddress>Owen.Ambur@verizon.net</EmailAddress></Submitter></AdministrativeInformation></StrategicPlan>
