H.R. 2612 · 112th Congress
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Bureau of Consumer Financial Protection to prohibit certain acts or practices.
- Stage
- In committee
- Sponsor
- Connie Mack
- Introduced
- 2011-07-21
- Latest action
- 2011-08-22 · Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Summary
Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Consumer Financial Protection Bureau (CFPB) to: (1) prohibit unfair, deceptive, or abusive acts or practices in connection with any transaction with a consumer for, or the offering of, a consumer financial product or service; and (2) promulgate regulations to prevent such practices.