A bill to amend the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to the regular appropriations process, and for other purposes.

Bill 118 s 4521, also known as the Consumer Financial Protection Act of 2010, aims to make changes to the way the Bureau of Consumer Financial Protection (BCFP) is funded. Currently, the BCFP is funded through the Federal Reserve, which some argue limits congressional oversight and accountability.

This bill seeks to subject the BCFP to the regular appropriations process, meaning that Congress would have more control over the agency's budget and funding. This would allow for more transparency and accountability in how taxpayer dollars are being spent by the BCFP.

In addition to changing the funding structure of the BCFP, the bill also includes provisions for other purposes, although specific details on these purposes are not provided in the summary. Overall, Bill 118 s 4521 aims to increase congressional oversight and accountability of the BCFP by subjecting it to the regular appropriations process. This could potentially lead to more transparency in how the agency operates and how taxpayer dollars are being used.