S.387: Consumer Financial Protection Bureau Accountability Act of 2017

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Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 15, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 15, 2017

Introduced in the Senate by David Perdue (R-Ga.)

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