Which federal agency is responsible for overseeing the Fair Housing Act?

Which federal agency is responsible for overseeing the Fair Housing Act?

• A. The Federal Trade Commission (FTC)
• B. The Department of Housing and Urban Development (HUD)
• C. The Consumer Financial Protection Bureau (CFPB)
• D. The Federal Reserve Board

Answer: (B)

The Department of Housing and Urban Development (HUD) is the federal agency tasked with overseeing the Fair Housing Act. This legislation was enacted to prevent discrimination in housing and to ensure equal opportunity in housing for all individuals, regardless of race, color, religion, sex, national origin, familial status, or disability. HUD enforces the provisions of the Fair Housing Act and provides resources to educate the public about their rights under this law. They investigate complaints related to discrimination and have the authority to take action against violators. Other agencies listed, such as the Federal Trade Commission (FTC), primarily focus on protecting consumer rights in the marketplace, the Consumer Financial Protection Bureau (CFPB) addresses financial product regulations to protect consumers, and the Federal Reserve Board manages monetary policy and regulates banks. While all these organizations play important roles in their respective areas, it is HUD that directly enforces the Fair Housing Act and ensures compliance with its provisions, making it the correct choice in this context.

The Department of Housing and Urban Development (HUD) is the federal agency tasked with overseeing the Fair Housing Act. This legislation was enacted to prevent discrimination in housing and to ensure equal opportunity in housing for all individuals, regardless of race, color, religion, sex, national origin, familial status, or disability. HUD enforces the provisions of the Fair Housing Act and provides resources to educate the public about their rights under this law. They investigate complaints related to discrimination and have the authority to take action against violators.

Other agencies listed, such as the Federal Trade Commission (FTC), primarily focus on protecting consumer rights in the marketplace, the Consumer Financial Protection Bureau (CFPB) addresses financial product regulations to protect consumers, and the Federal Reserve Board manages monetary policy and regulates banks. While all these organizations play important roles in their respective areas, it is HUD that directly enforces the Fair Housing Act and ensures compliance with its provisions, making it the correct choice in this context.