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H.R. 1261

Bureau of Consumer Financial Protection Accountability Act of 2015

Bureau of Consumer Financial Protection Accountability Act of 2015

This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

Referred to the House Committee on Financial Services.

Rep. Duffy, Sean P. [R-WI-7](R-WI)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions2related bills6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Bureau of Consumer Financial Protection Accountability Act of 2015 — Informed