Summary: S.387 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.387. Bill summaries are authored by CRS.

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Introduced in Senate (02/15/2017)

Consumer Financial Protection Bureau Accountability Act of 2017

This bill amends the Consumer Financial Protection Act of 2010 to change the source of funding for the Consumer Financial Protection Bureau (CFPB) from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the CFPB to be funded outside of the annual appropriations process.