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H.R. 1355 112th Congress House

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011

Official title: To amend the Consumer Financial Protection Act of 2010 to move the Bureau of Consumer Financial Protection into the Department of the Treasury.

Introduced: April 4, 2011 See on congress.gov
Finance and Financial Sector Consumer affairsDepartment of the TreasuryExecutive agency funding and structureFederal Reserve SystemGovernment employee pay, benefits, personnel management
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action February 8, 2012

Subcommittee Hearings Held.

 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.

 Related & companion bills 1
  • HR 1640 Related bill Bureau of Consumer Financial Protection Accountability Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Capito, Shelley Moore
West Virginia · Apr 4, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1355: Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1355/
MLA
"H.R. 1355: Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1355/.
Bluebook (legal)
H.R. 1355, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1355/.
Markdown link
[H.R. 1355: Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011](https://openamerica.io/bill/112-HR-1355/)
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