HR 2465 · 118th Congress · Finance and Financial Sector
Financial Compensation for CFPB Whistleblowers Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2023-04-03)
Plain Language Summary
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Financial Compensation for CFPB Whistleblowers Act This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions. Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower's identity except in limited circumstances, including to other government agencies in the course of an investigation. The protections in this bill may not be waived by any employment agreement, including by a predispute arbitration agreement.…
Summarized by Claude AI · Non-partisan · For informational purposes only