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- H.R.5714
H.R.5714: CFPB Whistleblower Incentives and Protection Act
About This Bill
- Introduced Oct. 25, 2021
- Latest Major Action Oct. 25, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Oct. 25, 2021
Bill Summary
CFPB Whistleblower Incentives and Protection Act This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information relating to a violation of consumer financial law resulting in certain monetary sanctions exceeding $1 million. Specifically, the bureau must award compensation to whistleblowers (1) not less than the greater of 10% of the collected monetary sanctions, or $50,000; and (2) not...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 25, 2021 |
Referred to the House Committee on Financial Services.
|
| Oct. 25, 2021 |
Introduced in the House by Tom Emmer (R-Minn.) |