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legislation: 117-s-5280

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
117-s-5280 117 s 5280 CFPB Stability Act of 2022 Finance and Financial Sector 2022-12-15 2022-12-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Toomey, Patrick [R-PA] PA R T000461 1 CFPB Stability Act of 2022 This bill restructures the leadership and funding of the Consumer Financial Protection Bureau. Specifically, the bill removes the bureau from the Federal Reserve System. Additionally, the bill eliminates the positions of director and deputy director and establishes a five-person panel appointed by the President and confirmed by the Senate, with not more than three members belonging to any one political party. Under the bill, the inspector general of the bureau must be appointed by the President and confirmed by the Senate. Under current law, the inspector general of the Federal Reserve Board also serves as the inspector general of the bureau. Further, the source of funding for the bureau is changed from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the bureau to be funded outside of the annual appropriations process. 2023-03-08T20:14:08Z  

Links from other tables

  • 2 rows from bill_id in legislation_actions
  • 0 rows from bill_id in legislation_subjects
  • 1 row from bill_id in legislation_cosponsors
  • 0 rows from bill_id in cbo_cost_estimates
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