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Responsible Consumer Financial Protection Regulations Act of 2013

3/14/2024, 12:48 PM

Congressional Summary of HR 2446

Responsible Consumer Financial Protection Regulations Act of 2013 - Amends the Consumer Financial Protection Act of 2010, title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to replace the position of Director of the Consumer Financial Protection Bureau (CFPB) with a five-member Commission composed of the Vice Chairman for Supervision of the Federal Reserve System and four additional members appointed by the President, by and with the advice and consent of the Senate, each to serve for a term of five years.

Prohibits the Chair of the Commission from making requests for estimates related to appropriations without the Commission's prior approval.

Makes technical and conforming amendments to related statutes.

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Current Status of Bill HR 2446

Bill HR 2446 is currently in the status of Bill Introduced since June 20, 2013. Bill HR 2446 was introduced during Congress 113 and was introduced to the House on June 20, 2013.  Bill HR 2446's most recent activity was Placed on the Union Calendar, Calendar No. 255. as of February 6, 2014

Bipartisan Support of Bill HR 2446

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
0
Republican Cosponsors
15
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2446

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Appropriations
- Banking and financial institutions regulation
- Consumer Financial Protection Bureau
- Consumer affairs
- Consumer credit
- Executive agency funding and structure
- Federal Reserve System
- Federal officials
- Financial services and investments

Alternate Title(s) of Bill HR 2446

Responsible Consumer Financial Protection Regulations Act of 2013
To replace the Director of the Bureau of Consumer Financial Protection with a five person Commission.
Responsible Consumer Financial Protection Regulations Act of 2013
Responsible Consumer Financial Protection Regulations Act of 2013

Comments

Sponsors and Cosponsors of HR 2446

Spencer Bachus
Spencer Bachus
AlabamaRepublican
Kevin Yoder
Kevin Yoder
KansasRepublican
Ann Wagner
Ann Wagner
MissouriRepublican
David Schweikert
David Schweikert
ArizonaRepublican
Keith J. Rothfus
Keith J. Rothfus
PennsylvaniaRepublican

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