HR 3519 · 113th Congress · Finance and Financial Sector
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 257.(2014-02-06)
Plain Language Summary
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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 OfficeH.R. 3519, Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
Jan 15, 2014As 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