Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017 or the CFPB-IG Act of 2017
This bill amends the Inspector General Act of 1978 to repeal the authority of the Chairman of the Board of Governors of the Federal Reserve System to appoint the Inspector General of the Consumer Financial Protection Bureau (CFPB).
The Dodd-Frank Wall Street Reform and Consumer Protection Act is amended to create an Inspector General for the CFPB.