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H.R.3519: Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||finance and financial sector|
|You can||read the bill|
|Sponsor||Randy Neugebauer, R-Texas|
|Introduced||Nov. 18, 2013|
|Latest Major Action||Feb. 6, 2014|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
Bureau of Consumer Financial Protection Accountability Act and Transparency Act of 2013 - (Sec. 2) Amends the Consumer Financial Protection Act of 2010 to: (1) rename the Consumer Financial Protection Bureau (CFPB) the Financial Product Safety Commission (FPSC) , (2) remove it from the Federal Reserve System, and (3) repeal the authority of the FPSC Director to establish regional offices in cities in which either Federal Reserve Banks or their branches are located.
Repeals the requirement that not fewer than six members of the Consumer Advisory Board be appointed to it by the FPSC Director on a rotating basis upon the recommendation of the regional Federal Reserve Bank Presidents.
(Sec. 3) Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the FPSC to the regular authorization, budget, and appropriations process of the Department of the Treasury.
Eliminates the Consumer Financial Protection...
(Source: Congressional Research Service)
|Feb. 6, 2014||Placed on the Union Calendar, Calendar No. 257.|
|Feb. 6, 2014||Reported (Amended) by the Committee on Financial Services. H. Rept. 113-347.|
|Nov. 21, 2013||Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.|
|Nov. 21, 2013||Committee Consideration and Mark-up Session Held.|
|Nov. 18, 2013||Referred to the House Committee on Financial Services.|
|Oct. 29, 2013||Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.|