CFPB-IG Act of 2013

3/14/2024, 12:48 PM

Congressional Summary of HR 3770

Bureau of Consumer Financial Protection-Inspector General Reform Act of 2013 or CFPB-IG Act of 2013 - Amends the Inspector General Act of 1978 to repeal the authority of the Chairman of the Board of Governors of the Federal Reserve System (Board) to appoint the Inspector General of the Consumer Financial Protection Bureau (CFPB).

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to create an Inspector General for the CFPB.

Requires the President, within 60 days after enactment of this Act, to appoint a CFPB Inspector General.

Current Status of Bill HR 3770

Bill HR 3770 is currently in the status of Bill Introduced since December 12, 2013. Bill HR 3770 was introduced during Congress 113 and was introduced to the House on December 12, 2013.  Bill HR 3770's most recent activity was Ordered to be Reported by the Yeas and Nays: 39 - 20. as of June 11, 2014

Bipartisan Support of Bill HR 3770

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
1
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3770

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Congressional oversightConsumer Financial Protection BureauExecutive agency funding and structureFederal officialsGovernment ethics and transparency, public corruptionGovernment studies and investigations

Alternate Title(s) of Bill HR 3770

CFPB-IG Act of 2013To require Senate confirmation of Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.CFPB-IG Act of 2013Bureau of Consumer Financial Protection-Inspector General Reform Act of 2013
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