S. 626 · 115th Congress

Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017

Stage
In committee
Introduced
2017-03-14
Latest action
2017-03-14 · Introduced in Senate

Summary

Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017 or CFPB-IG Act of 2017

This bill amends the Inspector General Act of 1978 to repeal the authority of the Chairman of the Board of Governors of the Federal Reserve System to appoint the Inspector General of the Consumer Financial Protection Bureau (CFPB).

The CFPB Inspector General shall be appointed by the President, by and with the advice and consent of the Senate.