Consumer Financial Protection Bureau Accountability Act of 2019

Fact Sheet API

Bill Number

S 453

Introduced

Feb 12, 2019

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

Topics

Appropriations Consumer Financial Protection Bureau Executive agency funding and structure Federal Reserve System Finance and Financial Sector

Full Text

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Votes

Summary

Consumer Financial Protection Bureau Accountability Act of 2019

This bill changes the source of funding for the Consumer Financial Protection Bureau (CFPB) from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the CFPB to be funded outside of the annual appropriations process.

Actions

Feb 12, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 12, 2019

Introduced in Senate

Amendments

Related Bills