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H.R. 1264 · 114th Congress

CFPB Pay Fairness Act of 2015

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

SDR DuffySponsor
2 cosponsors · 2 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, with respect to compensation of employees of the Consumer Financial Protection Bureau (CFPB), to require the CFPB Director to set and adjust the rates of basic pay for CFPB employees in accordance with the General Schedule for federal employees.

What it does: CRS summary · Introduced in House · Mar 4, 2015

CFPB Pay Fairness Act of 2015

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, with respect to compensation of employees of the Consumer Financial Protection Bureau (CFPB), to require the CFPB Director to set and adjust the rates of basic pay for CFPB employees in accordance with the General Schedule for federal employees. (Currently, the Director is merely authorized to do so.)

Repeals the requirement that the Director at all times provide compensation (including benefits) to each class of employees at least comparable to the compensation and benefits then being provided by the Board of Governors of the Federal Reserve System for the corresponding class of Federal Reserve employees. Repeals also the requirement that all such employees be compensated (including benefits) on terms and conditions consistent with specified terms and conditions of the Federal Reserve Act.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: CFPB Pay Fairness Act of 2015

Latest action (Mar 4, 2015): Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Policy area: Government Operations and Politics · Origin: House · Introduced: Mar 4, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.