H.R.5484: Financial Compensation for CFPB Whistleblowers Act

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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)

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