S 2790 · 117th Congress · Finance and Financial Sector

Consumer Financial Protection Bureau Accountability Act of 2021

Introduced 2021-09-21· Sponsored by Sen. Hagerty, Bill [R-TN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2021-09-21)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (20)

20 Republicans
Sen. Lummis, Cynthia M. [R-WY]WY
Sen. Scott, Tim [R-SC]SC
Sen. Kennedy, John [R-LA]LA
Sen. Blackburn, Marsha [R-TN]TN
Sen. Cruz, Ted [R-TX]TX
Sen. Barrasso, John [R-WY]WY
Sen. Hoeven, John [R-ND]ND
Sen. Grassley, Chuck [R-IA]IA
Sen. Braun, Mike [R-IN]IN
Sen. Rubio, Marco [R-FL]FL
Sen. Capito, Shelley Moore [R-WV]WV
Sen. Collins, Susan M. [R-ME]ME
Sen. Cotton, Tom [R-AR]AR
Sen. Cramer, Kevin [R-ND]ND
Sen. Boozman, John [R-AR]AR
Sen. Scott, Rick [R-FL]FL
Sen. Ernst, Joni [R-IA]IA
Sen. Crapo, Mike [R-ID]ID
Sen. Marshall, Roger [R-KS]KS
Sen. Lankford, James [R-OK]OK