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S 1579 115th Congress Senate Finance and Financial Sector Advisory bodies Consumer Financial Protection Bureau Consumer affairs Consumer credit Executive agency funding and structure Financial services and investments Small business

Bureau of Consumer Financial Protection Advisory Board Enhancement Act

Introduced: July 19, 2017 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 19, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 19, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Bureau of Consumer Financial Protection Advisory Board Enhancement Act

This bill amends the Consumer Financial Protection Act of 2010 to require the Director of the Consumer Financial Protection Bureau (CFPB) to establish: (1) a Small Business Advisory Board to advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding financial products or services provided for use by consumers primarily for personal, family, or household purposes and to provide information on emerging practices of small businesses that provide such products or services; and (2) a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively.

What's happening now July 19, 2017

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

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1