S. 453 · 116th Congress
Consumer Financial Protection Bureau Accountability Act of 2019
- Stage
- In committee
- Sponsor
- David Perdue
- Introduced
- 2019-02-12
- Latest action
- 2019-02-12 · Introduced in Senate
Summary
Consumer Financial Protection Bureau Accountability Act of 2019
This bill 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.