HR-3519 : Still Just a Bill

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to: (1) remove the Consumer Financial Protection Bureau (CFPB) from the Federal Reserve System, and (2) repeal the authority of the CFPB Director to establish CFPB regional offices in cities in which are located either Federal Reserve Banks or their branches.

Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury.

Repeals establishment of the CFPB Fund.

Revises authorization of appropriations for FY2010-FY2014 with an authorization for each of FY2014 and FY2015.

Action Timeline

Action DateTypeTextSource
2014-02-06CalendarsPlaced on the Union Calendar, Calendar No. 257.House floor actions
2014-02-06CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 113-347.House floor actions
2013-11-21CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 32 - 24.House committee actions
2013-11-21CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2013-11-18IntroReferralReferred to the House Committee on Financial Services.House floor actions
2013-11-18IntroReferralIntroduced in HouseLibrary of Congress
2013-10-29CommitteeHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.House committee actions

Sponsor :

Randy Neugebauer [R] (TX-19)
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Appropriations
  • Consumer affairs
  • Executive agency funding and structure
  • Financial services and investments
  • Federal Reserve System
  • Consumer Financial Protection Bureau

Related Bills

See Related Bills