HR 1261 · 114th Congress · Finance and Financial Sector

Bureau of Consumer Financial Protection Accountability Act of 2015

Introduced 2015-03-04· Sponsored by Rep. Duffy, Sean P. [R-WI-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2015-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Bureau of Consumer Financial Protection Accountability Act of 2015 This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.…

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

Cosponsors (1)

1 Republican
Rep. Trott, David A. [R-MI-11]MI