HR 1121 112th Congress House Finance and Financial Sector Appropriations Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer affairs Consumer credit Executive agency funding and structure Federal Reserve System Federal officials Financial services and investments

Responsible Consumer Financial Protection Regulations Act of 2011

Introduced: March 16, 2011 See on congress.gov

Everywhere this bill has been 12 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 19, 2011

Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.

Jun 16, 2011

Placed on the Union Calendar, Calendar No. 61.

Jun 16, 2011

Reported (Amended) by the Committee on Financial Services. H. Rept. 112-107.

May 13, 2011

Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 24.

May 13, 2011

Committee Consideration and Mark-up Session Held.

May 4, 2011

Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 13 - 7 .

May 4, 2011

Subcommittee Consideration and Mark-up Session Held.

Apr 6, 2011

Subcommittee Hearings Held.

Apr 4, 2011

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Mar 16, 2011

Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.

Mar 16, 2011

Referred to the House Committee on Financial Services.

Mar 16, 2011

Introduced in House

Plain-English summary Congressional Research Service

Responsible Consumer Financial Protection Regulations Act of 2011 - Amends the Consumer Financial Protection Act of 2010, (title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act), to replace the position of Director of the Bureau of Consumer Financial Protection with a five-member Commission composed of the Vice Chairman for Supervision of the Federal Reserve System and four additional members appointed by the President, with the advice and consent of the Senate, from among individuals who should want to protect service members and their families who are sacrificing their lives for this country from abusive financial practices.

Prohibits Commission members from engaging in any other business, vocation, or employment.

Requires one member of the Commission to exercise primary responsibility for the Bureau's oversight activities pertaining to protecting consumers, with a focus on consumers who are older, minorities, youth, or veterans, from unfair, deceptive, and abusive lending practices.

Prohibits the Chair of the Commission from making requests for estimates related to appropriations without prior Commission approval.

What's happening now July 19, 2011

Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.

Committees of jurisdiction 2