Amendment clarifies that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.

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Amendment Number
689
Description
Amendment clarifies that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.
Purpose
An amendment numbered 4 printed in House Report 112-172 to clarify that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.
Congress
112
Type
HAMDT
Latest Action Date
Jul 21, 2011
Latest Action Text
On agreeing to the Paulsen amendment (A004) Agreed to by voice vote.
Latest Action Time
17:10:00
Submitted Date
Jul 21, 2011
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 689 — Informed