Text: S.187 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in Senate (01/17/2019)


116th CONGRESS
1st Session
S. 187


To require Senate confirmation of the Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.


IN THE SENATE OF THE UNITED STATES

January 17, 2019

Mr. Portman (for himself, Mr. Barrasso, Mr. Blunt, Mr. Boozman, Ms. Collins, Mr. Enzi, Mr. Hoeven, and Mr. Isakson) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To require Senate confirmation of the Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.

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 “Bureau of Consumer Financial Protection-Inspector General Reform Act ” or the “CFPB-IG Act”.

SEC. 2. Appointment of Inspector General.

The Inspector General Act of 1978 (5 U.S.C. App.) is amended—

(1) in section 8G—

(A) in subsection (a)(2), by striking “and the Bureau of Consumer Financial Protection”;

(B) in subsection (c), by striking “For purposes of implementing this section” and all that follows through the end of the subsection; and

(C) in subsection (g)(3), by striking “and the Bureau of Consumer Financial Protection”; and

(2) in section 12—

(A) in paragraph (1), by inserting “the Director of the Bureau of Consumer Financial Protection;” after “the President of the Export-Import Bank;”; and

(B) in paragraph (2), by inserting “the Bureau of Consumer Financial Protection,” after “the Export-Import Bank,”.