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S. 3196 114th Congress Senate

Consumer Financial Protection Board Act of 2016

Official title: A bill to amend the Consumer Financial Protection Act of 2010 to transition the Bureau of Consumer Financial Protection to a 5-member board of directors.

Introduced: July 13, 2016 Introduced by: Deb Fischer Republican · Nebraska See on congress.gov
Finance and Financial Sector Consumer Financial Protection BureauExecutive agency funding and structureFederal officials
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 2016
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 13, 2016
Introduced in Senate
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 Latest action July 13, 2016

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Consumer Financial Protection Board Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 by requiring the Consumer Financial Protection Bureau to be managed by a board of directors instead of a director and deputy director.

 Related & companion bills 4
  • HR 5485 Financial Services and General Government Appropriations Act, 2017
  • S 1910 Financial Services and General Government Appropriations Act, 2016
  • S 2132 An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016
  • HR 5983 Financial CHOICE Act of 2016
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Barrasso, John
Wyoming · Jul 13, 2016
 R
Johnson, Ron
Wisconsin · Jul 13, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3196: Consumer Financial Protection Board Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-S-3196/
MLA
"S. 3196: Consumer Financial Protection Board Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-3196/.
Bluebook (legal)
S. 3196, 114th Cong. (2026), https://openamerica.io/bill/114-S-3196/.
Markdown link
[S. 3196: Consumer Financial Protection Board Act of 2016](https://openamerica.io/bill/114-S-3196/)
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