S 2790 · 117th Congress 2021–2023, ended

Consumer Financial Protection Bureau Accountability Act of 2021

Introduced Sep 21, 2021 Originated Senate Sponsor Bill Hagerty R-TN

Fact sheet Spreadsheet

Latest action · Sep 21, 2021 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 21, 2021
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Consumer Financial Protection Bureau Accountability Act of 2021

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.

Cosponsors 24

Members who signed on, in the order they did. Signatures ran from Sep 21, 2021 to Dec 1, 2022; 16 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-IAChuck GrassleyOriginalSep 21, 2021
R-WYCynthia M. LummisOriginalSep 21, 2021
R-WYJohn BarrassoOriginalSep 21, 2021
R-ARJohn BoozmanOriginalSep 21, 2021
R-NDJohn HoevenOriginalSep 21, 2021
R-LAJohn KennedyOriginalSep 21, 2021
R-NDKevin CramerOriginalSep 21, 2021
R-FLMarco RubioOriginalSep 21, 2021
R-TNMarsha BlackburnOriginalSep 21, 2021
R-INMike BraunOriginalSep 21, 2021
R-FLRick ScottOriginalSep 21, 2021
R-WVShelley Moore CapitoOriginalSep 21, 2021
R-MESusan M. CollinsOriginalSep 21, 2021
R-TXTed CruzOriginalSep 21, 2021
R-SCTim ScottOriginalSep 21, 2021
R-ARTom CottonOriginalSep 21, 2021
R-IAJoni ErnstJan 13, 2022
R-IDMike CrapoJun 13, 2022
R-IDJames E. RischNov 14, 2022
R-OKJames LankfordNov 14, 2022
R-SDMike RoundsNov 14, 2022
R-UTMitt RomneyNov 14, 2022
R-KSRoger MarshallNov 14, 2022
R-SCLindsey GrahamDec 1, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateBanking, Housing, and Urban Affairs Committee
Referred Sep 21, 2021

Actions 2

Everything that happened, newest first.

  1. Sep 21, 2021Introduced in Senate
  2. Sep 21, 2021Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 4521Consumer Financial Protection Bureau Accountability Act of 2024Reintroduced BillJun 12, 2024
S 5280CFPB Stability Act of 2022Related billDec 15, 2022

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to the regular appropriations process, and for other purposes.
Short Title(s) as Introduced
Consumer Financial Protection Bureau Accountability Act of 2021

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Sep 21, 2021Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.