To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Bureau of Consumer Financial Protection to prohibit certain acts or practices.

Fact Sheet API

Bill Number

HR 2612

Introduced

Jul 21, 2011

Latest Action

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Commerce Consumer affairs Consumer credit Consumer Financial Protection Bureau Financial services and investments Fraud offenses and financial crimes Marketing and advertising

Full Text

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Votes

Summary

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Consumer Financial Protection Bureau (CFPB) to: (1) prohibit unfair, deceptive, or abusive acts or practices in connection with any transaction with a consumer for, or the offering of, a consumer financial product or service; and (2) promulgate regulations to prevent such practices.

Actions

Aug 22, 2011

Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jul 29, 2011

Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Jul 21, 2011

Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 21, 2011

Introduced in House

Amendments

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