US Congress House Bill 557 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2011 - 25% progression, died in committee
Action: 2011-03-23 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Pending: House Subcommittee on Financial Institutions and Consumer Credit Committee
Text: Latest bill text (Introduced) [PDF]

Consumer Financial Protection Oversight Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to transfer to the Department of the Treasury the Bureau of Consumer Financial Protection (CFPB) currently established as an independent bureau in the Federal Reserve System. Prohibits the Secretary of the Treasury from interfering with the autonomy granted the Bureau under such Act. Eliminates Bureau participation in both the Federal Reserve System Retirement Plan and in the Federal Reserve System Thrift Plan.

Consumer Financial Protection Oversight Act of 2011

Rep. Randy Neugebauer [R-TX]

Date	Chamber	Action
2011-03-23	House	Referred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-02-08	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/557/all-info
Text	https://www.congress.gov/112/bills/hr557/BILLS-112hr557ih.pdf