Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013

Hozzl · 2024-03-14T12:48:52Z

Explore the details of House Bill 3519 Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/14/2024, 12:48 PM

Congressional Summary of HR 3519

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to: (1) remove the Consumer Financial Protection Bureau (CFPB) from the Federal Reserve System, and (2) repeal the authority of the CFPB Director to establish CFPB regional offices in cities in which are located either Federal Reserve Banks or their branches.

Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury.

Repeals establishment of the CFPB Fund.

Revises authorization of appropriations for FY2010-FY2014 with an authorization for each of FY2014 and FY2015.

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Current Status of Bill HR 3519

Bill HR 3519 is currently in the status of Bill Introduced since November 18, 2013. Bill HR 3519 was introduced during Congress 113 and was introduced to the House on November 18, 2013. Bill HR 3519's most recent activity was Placed on the Union Calendar, Calendar No. 257. as of February 6, 2014

Bipartisan Support of Bill HR 3519

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3519

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

AppropriationsConsumer Financial Protection BureauConsumer affairsExecutive agency funding and structureFederal Reserve SystemFinancial services and investments

Alternate Title(s) of Bill HR 3519

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013To amend the Consumer Financial Protection Act of 2010 to make the Bureau of Consumer Financial Protection an independent agency.Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013

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Comments

Sponsors and Cosponsors of HR 3519

Randy Neugebauer

Texas(Republican)

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