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No, the U.S. Treasury is not responsible for enforcing the Truth-in-Lending Act (TILA). Instead, TILA is primarily enforced by the Consumer Financial Protection Bureau (CFPB) and other federal regulatory agencies, such as the Federal Reserve and the Office of the Comptroller of the Currency. The Act aims to promote informed use of consumer credit by requiring clear disclosure of terms and costs associated with borrowing.

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1w ago

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