HR 4773 · 117th Congress · Finance and Financial Sector

Consumer Financial Protection Commission Act

Introduced 2021-07-28· Sponsored by Rep. Luetkemeyer, Blaine [R-MO-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Consumer Financial Protection Commission Act This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure. Specifically, the bill eliminates the positions of director and deputy director and establishes a five-person commission appointed by the President and confirmed by the Senate.…

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

Cosponsors (20)

20 Republicans
Rep. McHenry, Patrick T. [R-NC-10]NC
Rep. Lucas, Frank D. [R-OK-3]OK
Rep. Sessions, Pete [R-TX-17]TX
Rep. Posey, Bill [R-FL-8]FL
Rep. Huizenga, Bill [R-MI-2]MI
Rep. Wagner, Ann [R-MO-2]MO
Rep. Barr, Andy [R-KY-6]KY
Rep. Williams, Roger [R-TX-25]TX
Rep. Hill, J. French [R-AR-2]AR
Rep. Emmer, Tom [R-MN-6]MN
Rep. Zeldin, Lee M. [R-NY-1]NY
Rep. Loudermilk, Barry [R-GA-11]GA
Rep. Mooney, Alexander X. [R-WV-2]WV
Rep. Davidson, Warren [R-OH-8]OH
Rep. Budd, Ted [R-NC-13]NC
Rep. Kustoff, David [R-TN-8]TN
Rep. Hollingsworth, Trey [R-IN-9]IN
Rep. Gonzalez, Anthony [R-OH-16]OH
Rep. Rose, John W. [R-TN-6]TN
Rep. Steil, Bryan [R-WI-1]WI