Other Names

Bill Summary

History

Eliminate the Bureau of Consumer Financial Protection

HR-1031 (2017)

Disposition: 2017-Feb-14
Introduced in the House

The bill needs to pass the House and Senate - and then be signed by the president - to become law.

Full title...
A bill to eliminate the Bureau of Consumer Financial Protection by repealing title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Consumer Financial Protection Act of 2010.

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Bill Text (Reading difficulty: Easy)
More Information

There is an identical bill in the Senate

There is a companion bill , S-370, in the Senate.

Bill Summary

This bill would repeal the section of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that created the Consumer Financial Protection Bureau (CFPB).

The effect would be the elimination of the agency.

This is not the first attempt to eliminate the CFPB

A version of this bill was introduced in 2015 (HR-3118).

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