To amend the Consumer Financial Protection Act of 2010 to make the Bureau of Consumer Financial Protection an independent Financial Product Safety Commission, and for other purposes.
Financial Product Safety Commission Act of 2018 This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure.
AppropriationsBanking and financial institutions regulationConsumer affairsConsumer creditConsumer Financial Protection BureauExecutive agency funding and structureFederal officialsFederal Reserve SystemFinancial services and investments
To amend the Consumer Financial Protection Act of 2010 to make the Bureau of Consumer Financial Protection an independent Financial Product Safety Commission, and for other purposes.
USA115th CongressHR-5266| House
| Updated: 3/13/2018
Financial Product Safety Commission Act of 2018 This bill removes the Consumer Financial Protection Bureau from the Federal Reserve System, converts the bureau into an independent commission, and modifies its leadership structure.