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HR 2490 118th Congress House Finance and Financial Sector

CFPB Whistleblower Incentives and Protection Act

Introduced: April 6, 2023 Introduced by: Emmer, Tom Republican · Minnesota See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 6, 2023
Referred to the House Committee on Financial Services.
Apr 6, 2023
Introduced in House
 Plain-English summary Congressional Research Service

CFPB Whistleblower Incentives and Protection Act

This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions.

Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower's identity except in limited circumstances, including to other government agencies in the course of an investigation.

What's happening now April 6, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1