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Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3519
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Appropriations
- Consumer Financial Protection Bureau
- Consumer affairs
- Executive agency funding and structure
- Federal Reserve System
- Financial services and investments
Alternate Title(s) of Bill HR 3519
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
To 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 2013
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
Comments
Sponsors and Cosponsors of HR 3519
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