It was part of the DFA:
Subtitle C—Specific Bureau Authorities
SEC. 1031. PROHIBITING UNFAIR, DECEPTIVE, OR ABUSIVE ACTS OR
(a) IN GENERAL.—The Bureau may take any action authorized
under subtitle E to prevent a covered person or service provider
from committing or engaging in an unfair, deceptive, or abusive
act or practice under Federal law in connection with any transaction
with a consumer for a consumer financial product or service, or
the offering of a consumer financial product or service.
SEC. 1037. EFFECTIVE DATE.
This subtitle shall take effect on the designated transfer date.
That was last July. While not much from a regulation has been written, the law is in effect and the terms are very broad.
The opinions expressed are my own, take them or leave them.