S. 1124
Referred to CommitteeFinancial Compensation for CFPB Whistleblowers Act
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
3/30/2023 • Senate
Summary
Financial Compensation for CFPB Whistleblowers Act
This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions.
Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower's identity except in limited circumstances, including to other government agencies in the course of an investigation.
The protections in this bill may not be waived by any employment agreement, including by a predispute arbitration agreement.
Introduced in Senate • 3/30/2023
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Sponsor & Cosponsors (9)
Party Breakdown
Sponsor
Cosponsors (8)
Bill Journey
Originated in the Senate
Introduced
March 30, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (4)
S. 2775
Financial Compensation for CFPB Whistleblowers Act
H.R. 2490
CFPB Whistleblower Incentives and Protection Act
H.R. 2798
CFPB Transparency and Accountability Reform Act
H.R. 2465
Financial Compensation for CFPB Whistleblowers Act