A bill to replace the Director of the Bureau of Consumer Financial Protection with a five-person Commission.
Consumer Financial Protection Commission Act of 2014 - Amends the Consumer Financial Protection Act of 2010, title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to replace the position of Director of the Consumer Financial Protection Bureau (CFPB) with a five-member Commission whose members are appointed by the President, by and with the advice and consent of the Senate.
Prohibits the Chair of the Commission from making requests for estimates related to appropriations without the prior approval of the Commission.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Placed on the Union Calendar, Calendar No. 255.
Received in the Senate.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced in Senate: CR S6079-6080)
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line