Text: S.370 — 115th Congress (2017-2018)All Information (Except Text)

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Introduced in Senate (02/14/2017)


115th CONGRESS
1st Session
S. 370


To eliminate the Bureau of Consumer Financial Protection by repealing title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Consumer Financial Protection Act of 2010.


IN THE SENATE OF THE UNITED STATES

February 14, 2017

Mr. Cruz (for himself, Mr. Lee, Mr. Paul, Mr. Inhofe, and Mr. Rounds) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To eliminate the Bureau of Consumer Financial Protection by repealing title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Consumer Financial Protection Act of 2010.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Repeal CFPB Act”.

SEC. 2. Repeal.

The Consumer Financial Protection Act of 2010 (12 U.S.C. 5481 et seq.) is repealed, and the provisions of law amended or repealed by that Act are restored or revived as if the Act had not been enacted.