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H.R. 4773

Consumer Financial Protection Commission Act

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.

Referred to the House Committee on Financial Services.

Rep. Luetkemeyer, Blaine [R-MO-3](R-MO)Sponsor
27 cosponsors27 R
27cosponsors1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Consumer Financial Protection Commission Act — Informed