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HR 1355 112th Congress House Finance and Financial Sector Consumer affairs Department of the Treasury Executive agency funding and structure Federal Reserve System Government employee pay, benefits, personnel management

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011

Introduced: April 4, 2011 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2012
Subcommittee Hearings Held.
May 2, 2011
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Apr 4, 2011
Referred to the House Committee on Financial Services.
Apr 4, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to remove the Bureau of Consumer Financial Protection, an independent bureau in the Federal Reserve System, to the Department of the Treasury, where it would not be autonomous.

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

Repeals establishment of the Bureau of Consumer Financial Protection Fund and of a Victims Relief Fund.

Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

What's happening now February 8, 2012

Subcommittee Hearings Held.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1