summary
Introduced
02/14/2017
02/14/2017
In Committee
02/14/2017
02/14/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Repeal CFPB Act This bill repeals the Consumer Financial Protection Act of 2010, which established the Consumer Financial Protection Bureau.
AI Summary
This bill repeals the Consumer Financial Protection Act of 2010, which established the Consumer Financial Protection Bureau (CFPB). The CFPB was created as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act to protect consumers from unfair, deceptive, or abusive practices in the financial sector. By repealing the CFPB Act, this bill would eliminate the CFPB and restore the provisions of law that existed prior to the CFPB's creation.
Committee Categories
Housing and Urban Affairs
Sponsors (8)
Ted Cruz (R)*,
John Cornyn (R),
James Inhofe (R),
Mike Lee (R),
Rand Paul (R),
Mike Rounds (R),
Marco Rubio (R),
Ben Sasse (R),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 02/14/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/370/all-info |
| BillText | https://www.congress.gov/115/bills/s370/BILLS-115s370is.pdf |
| Bill | https://www.congress.gov/115/bills/s370/BILLS-115s370is.pdf.pdf |
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