H.R.1640 - Bureau of Consumer Financial Protection Accountability Act

To amend the Consumer Financial Protection Act of 2010 to bring the Bureau of Consumer Financial Protection into the regular appropriations process, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To amend the Consumer Financial Protection Act of 2010 to bring the Bureau of Consumer Financial Protection into the regular appropriations process, and for other purposes. as introduced.
  • Short: Bureau of Consumer Financial Protection Accountability Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
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04/15/11
 
 
 
 
 
 
 

Official Summary

Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations. Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governor

Official Summary

Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations. Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governors of the Federal Reserve System. Subjects the Bureau to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the Bureau of Consumer Financial Protection Fund. Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

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