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H.R. 1261

Referred to Committee

Bureau of Consumer Financial Protection Accountability Act of 2015

Introduced 3/4/2015•114th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

3/4/2015 • House

Summary

Bureau of Consumer Financial Protection Accountability Act of 2015

This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

Introduced in House • 3/4/2015

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Topics & Subjects

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

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

0
Democrats
2
Republicans
0
Independents

Sponsor

R[
Rep. Duffy, Sean P. [R-WI-7]

Republican • WI-7

Sponsored 3/4/2015

Cosponsors (1)

R[
Rep. Trott, David A. [R-MI-11]

R-MI-11

Joined 4/21/2015

Bill Journey

Originated in the House

Introduced

March 4, 2015

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House3/4/2015

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1