S.626 - CFPB-IG Act of 2017115th Congress (2017-2018)
|Sponsor:||Sen. Portman, Rob [R-OH] (Introduced 03/14/2017)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 03/14/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
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Summary: S.626 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (03/14/2017)
Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017 or CFPB-IG Act of 2017
This bill amends the Inspector General Act of 1978 to repeal the authority of the Chairman of the Board of Governors of the Federal Reserve System to appoint the Inspector General of the Consumer Financial Protection Bureau (CFPB).
The CFPB Inspector General shall be appointed by the President, by and with the advice and consent of the Senate.