HR 3519 · 113th Congress · Finance and Financial Sector

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013

Introduced 2013-11-18· Sponsored by Rep. Neugebauer, Randy [R-TX-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 257.(2014-02-06)

Plain Language Summary

[AI summary unavailable — showing source text] Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to: (1) remove the Consumer Financial Protection Bureau (CFPB) from the Federal Reserve System, and (2) repeal the authority of the CFPB Director to establish CFPB regional offices in cities in which are located either Federal Reserve Banks or their branches. Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the CFPB Fund. Revises authorization of appropriations for FY2010-FY2014 with an authorization for each of FY2014 and FY2015.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3519, Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013

Jan 15, 2014

As ordered reported by the House Committee on Financial Services on November 21, 2013

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office