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H.R. 1410

Referred to Committee

Consumer Financial Protection Commission Act

Introduced 3/7/2023•118th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

3/7/2023 • House

Summary

Consumer Financial Protection Commission Act

This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure. Specifically, the bill eliminates the positions of director and deputy director and establishes a five-person commission appointed by the President and confirmed by the Senate.

Introduced in House • 3/7/2023

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Topics & Subjects

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (3)

Party Breakdown

0
Democrats
3
Republicans
0
Independents

Sponsor

R[
Rep. Luetkemeyer, Blaine [R-MO-3]

Republican • MO-3

Sponsored 3/7/2023

Cosponsors (2)

R[
Rep. Alford, Mark [R-MO-4]

R-MO-4

Joined 4/25/2023

R[
Rep. Mann, Tracey [R-KS-1]

R-KS-1

Joined 4/25/2023

Bill Journey

Originated in the House

Introduced

March 7, 2023

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 House3/7/2023

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors2