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- H.R.5484
H.R.5484: Financial Compensation for CFPB Whistleblowers Act
About This Bill
- Introduced Oct. 5, 2021
- Latest Major Action Oct. 5, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Oct. 5, 2021
Bill Summary
Financial Compensation for CFPB Whistleblowers Act This bill requires the Consumer Financial Protection Bureau to provide rewards to whistleblowers who report information relating to a violation of consumer financial law resulting in certain monetary sanctions greater than or equal to $1 million. Specifically, the bureau must award compensation to whistleblowers for 10%-30% of the collected monetary sanctions. In cases where the bureau...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Oct. 5, 2021 |
Referred to the House Committee on Financial Services.
|
Oct. 5, 2021 |
Introduced in the House by Al Green (D-Texas) |