The Consumer Financial Protection Bureau was created under the Dodd-Frank Wall Street Reform Act. The Bureau is an independent entity funded by the U.S. Federal Reserve. Many former employees of the Federal Reserve, the Federal Deposit Insurance Corporation, and the Dept. of Housing and Urban Development now work for the CFPB. The agency now oversees the Equal Credit Opportunity Act, the Interstate Land Sales Disclosure Act, Fair Credit Reporting, Real Estate Settlement Procedures Act, and the Truth-in-Lending Act.