Bill116th CongressFiled Mar 5, 2020Finance and Financial Sector
H.R. 6116
Consumer Financial Protection Commission Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 5, 2020)
Consumer Financial Protection Commission Act
This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure. Specifically, the bill eliminates the positions of director and deputy director and establishes a five-person commission appointed by the President and confirmed by the Senate.
What just happenedMar 5, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Luetkemeyer, Blaine [R-MO-3](R-MO)Sponsor
25 cosponsors25 R
25cosponsors1committees3actions1related bills9subjects
- Introduced in HouseMar 5, 2020
- Mar 5, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 5, 2020IntroReferralIntro-H
Introduced in House
- Mar 5, 2020IntroReferral1000
Introduced in House