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- H.R.6116
H.R.6116: Consumer Financial Protection Commission Act
About This Bill
- Introduced March 5, 2020
- Latest Major Action March 5, 2020
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
25 (All Republicans)
Bill Version
- Introduced in House - March 5, 2020
Bill Summary
Consumer Financial Protection Commission Act This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure. Specifically, the bill eliminates the positions of director and deputy director and establishes a five-person commission appointed by the President and confirmed by the Senate.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 5, 2020 |
Referred to the House Committee on Financial Services.
|
March 5, 2020 |
Introduced in the House by Blaine Luetkemeyer (R-Mo.) |