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H.R. 1261

BillFederalHouseIn Committee
Bureau of Consumer Financial Protection Accountability Act of 2015
About This Bill
Committee
Latest Action · March 4, 2015
Referred to the House Committee on Financial Services.
Congress
114th (2015–2017)
Introduced
March 4, 2015
Cosponsors (1)
0D 1R
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Summary

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Bureau of Consumer Financial Protection Accountability Act of 2015 This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

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