H.R. 6116 · 116th Congress
Consumer Financial Protection Commission Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LuetkemeyerSponsor25 cosponsors · 25 R
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Barr
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Budd
WD
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Davidson
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Emmer
AG
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Gonzalez
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Gooden
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Huizenga
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Hill
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Hollingsworth
DK
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Kustoff
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Lucas
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Loudermilk
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McHenry
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Mooney
BP
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Posey
DR
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Riggleman
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Rose
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Stivers
BS
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Steil
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Tipton
VT
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Taylor
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Timmons
AW
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Wagner
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Williams
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Zeldin25 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Mar 5, 2020
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Consumer Financial Protection Commission Act
Latest action (Mar 5, 2020): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 5, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.