US SB387 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 20-0)
Status: Introduced on February 15 2017 - 25% progression, died in committee
Action: 2017-02-15 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 15 2017 - 25% progression, died in committee
Action: 2017-02-15 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Consumer Financial Protection Bureau Accountability Act of 2017 This bill amends the Consumer Financial Protection Act of 2010 to change 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.
Title
Consumer Financial Protection Bureau Accountability Act of 2017
Sponsors
| Sen. David Perdue [R-GA] | Sen. Steve Daines [R-MT] | Sen. James Inhofe [R-OK] | Sen. Michael Enzi [R-WY] |
| Sen. John Barrasso [R-WY] | Sen. Thom Tillis [R-NC] | Sen. Rand Paul [R-KY] | Sen. Johnny Isakson [R-GA] |
| Sen. Mike Lee [R-UT] | Sen. Joni Ernst [R-IA] | Sen. Marco Rubio [R-FL] | Sen. Ron Johnson [R-WI] |
| Sen. John Kennedy [R-LA] | Sen. Jeff Flake [R-AZ] | Sen. John Boozman [R-AR] | Sen. John Hoeven [R-ND] |
| Sen. Ted Cruz [R-TX] | Sen. Ben Sasse [R-NE] | Sen. Chuck Grassley [R-IA] | Sen. Tim Scott [R-SC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-15 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Appropriations
Consumer Financial Protection Bureau
Executive agency funding and structure
Federal Reserve System
Finance and financial sector
Consumer Financial Protection Bureau
Executive agency funding and structure
Federal Reserve System
Finance and financial sector
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/387/all-info |
| Text | https://www.congress.gov/115/bills/s387/BILLS-115s387is.pdf |
