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.
Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Consumer Financial Protection Bureau (CFPB) to regular appropriations.
Repeals the requirement of an annual transfer to the CFPB of funds from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury.
Repeals establishment of the CFPB Fund.
Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for FY2013 only.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced in Senate: CR S6079-6080)
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
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