US SB453 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 19-0)
Status: Introduced on February 12 2019 - 25% progression, died in committee
Action: 2019-02-12 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2019 - 25% progression, died in committee
Action: 2019-02-12 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Changes the source of funding for the Consumer Financial Protection Bureau (CFPB) from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the CFPB to be funded outside of the annual appropriations process.
Title
Consumer Financial Protection Bureau Accountability Act of 2019
Sponsors
| Sen. David Perdue [R-GA] | Sen. John Barrasso [R-WY] | Sen. Marsha Blackburn [R-TN] | Sen. John Boozman [R-AR] |
| Sen. Ted Cruz [R-TX] | Sen. Joni Ernst [R-IA] | Sen. Chuck Grassley [R-IA] | Sen. John Hoeven [R-ND] |
| Sen. Cindy Hyde-Smith [R-MS] | Sen. James Inhofe [R-OK] | Sen. Johnny Isakson [R-GA] | Sen. John Kennedy [R-LA] |
| Sen. James Lankford [R-OK] | Sen. Jerry Moran [R-KS] | Sen. Mike Rounds [R-SD] | Sen. Marco Rubio [R-FL] |
| Sen. Ben Sasse [R-NE] | Sen. Dan Sullivan [R-AK] | Sen. Michael Enzi [R-WY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-12 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Appropriations
Consumer Financial Protection Bureau
Executive agency funding and structure
Federal Reserve System
Finance and financial sector
Consumer Financial Protection Bureau
Executive agency funding and structure
Federal Reserve System
Finance and financial sector
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/453/all-info |
| Text | https://www.congress.gov/116/bills/s453/BILLS-116s453is.pdf |
