Bill

Bill > HR1031


US HR1031

US HR1031
To eliminate the Bureau of Consumer Financial Protection by repealing title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Consumer Financial Protection Act of 2010.


summary

Introduced
02/14/2017
In Committee
02/14/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

To eliminate the Bureau of Consumer Financial Protection by repealing title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Consumer Financial Protection Act of 2010. 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). By repealing this act, the bill would eliminate the CFPB, an independent federal agency responsible for regulating the financial sector and protecting consumers from abusive practices. The bill aims to restore the provisions of law that existed prior to the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created the CFPB.

Committee Categories

Business and Industry

Sponsors (31)

Last Action

Referred to the House Committee on Financial Services. (on 02/14/2017)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...