<P> From TILA 's inception , the authority to implement the statute by issuing regulations was given to the Federal Reserve Board ( FRB ) . However , effective July 21 , 2011 , TILA 's general rule making authority was transferred to the Consumer Financial Protection Bureau ( CFPB ) , whose authority was established pursuant to provisions enacted by the passage of the Dodd -- Frank Wall Street Reform and Consumer Protection Act in July 2010 . Any forthcoming regulations implementing the statute , which are also formally referred to as Regulation Z , will be codified at 12 C.F.R. 1026 and attempt to mirror the FRB 's Regulation Z whenever feasible . The Federal Reserve will retain some limited rule making authority under TILA for loans made by certain motor vehicle dealers , and for certain other provisions . </P>
<P> From TILA 's inception , the authority to implement the statute by issuing regulations was given to the Federal Reserve Board ( FRB ) . However , effective July 21 , 2011 , TILA 's general rule making authority was transferred to the Consumer Financial Protection Bureau ( CFPB ) , whose authority was established pursuant to provisions enacted by the passage of the Dodd -- Frank Wall Street Reform and Consumer Protection Act in July 2010 . Any forthcoming regulations implementing the statute , which are also formally referred to as Regulation Z , will be codified at 12 C.F.R. 1026 and attempt to mirror the FRB 's Regulation Z whenever feasible . The Federal Reserve will retain some limited rule making authority under TILA for loans made by certain motor vehicle dealers , and for certain other provisions . </P>
who is the truth in lending act enforced by
who is the truth in lending act enforced by
Consumer Financial Protection Bureau ( CFPB )
Consumer Financial Protection Bureau ( CFPB )