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A bill to amend the Consumer Financial Protection Act of 2010 to establish advisory boards, and for other purposes.

USA115th CongressS-1579| Senate 
| Updated: 7/19/2017
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (2)
Angus S. King (Independent)Michael B. Enzi (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bureau of Consumer Financial Protection Advisory Board Enhancement Act This bill amends the Consumer Financial Protection Act of 2010 to require the Director of the Consumer Financial Protection Bureau (CFPB) to establish: (1) a Small Business Advisory Board to advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding financial products or services provided for use by consumers primarily for personal, family, or household purposes and to provide information on emerging practices of small businesses that provide such products or services; and (2) a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively.
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Timeline
Jul 19, 2017
Introduced in Senate
Jul 19, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 19, 2017
    Introduced in Senate


  • July 19, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Advisory bodiesConsumer affairsConsumer creditConsumer Financial Protection BureauExecutive agency funding and structureFinancial services and investmentsSmall business

A bill to amend the Consumer Financial Protection Act of 2010 to establish advisory boards, and for other purposes.

USA115th CongressS-1579| Senate 
| Updated: 7/19/2017
Bureau of Consumer Financial Protection Advisory Board Enhancement Act This bill amends the Consumer Financial Protection Act of 2010 to require the Director of the Consumer Financial Protection Bureau (CFPB) to establish: (1) a Small Business Advisory Board to advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding financial products or services provided for use by consumers primarily for personal, family, or household purposes and to provide information on emerging practices of small businesses that provide such products or services; and (2) a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 19, 2017
Introduced in Senate
Jul 19, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 19, 2017
    Introduced in Senate


  • July 19, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (2)
Angus S. King (Independent)Michael B. Enzi (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advisory bodiesConsumer affairsConsumer creditConsumer Financial Protection BureauExecutive agency funding and structureFinancial services and investmentsSmall business