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S. 387

Consumer Financial Protection Bureau Accountability Act of 2017

Consumer Financial Protection Bureau Accountability Act of 2017

This bill amends the Consumer Financial Protection Act of 2010 to change the source of funding for the Consumer Financial Protection Bureau (CFPB) from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the CFPB to be funded outside of the annual appropriations process.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Perdue, David [R-GA](R-GA)Sponsor
19 cosponsors19 R
19cosponsors1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Consumer Financial Protection Bureau Accountability Act of 2017 — Informed