US Congress Senate Bill 737 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 12-0)
Status: Introduced on April 6 2011 - 25% progression, died in committee
Action: 2011-04-06 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Responsible Consumer Financial Protection Regulations Act of 2011 - Amends the Consumer Financial Protection Act of 2010, title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to replace the position of Director of the Bureau of Consumer Financial Protection with a five-member Commission whose members are appointed by the President, by and with the advice and consent of the Senate. Prohibits the Chair of the Commission from making requests for estimates related to appropriations without the prior approval of the Commission. Revises procedures for funding the Bureau. Eliminates the Consumer Financial Protection Fund and the requirement that the Board of Governors of the Federal Reserve System transfer funds to the Bureau from the combined earnings of the Federal Reserve System. Authorizes appropriations for FY2011-FY2012.

Responsible Consumer Financial Protection Regulations Act of 2011

Sen. Jerry Moran [R-KS]	Sen. Kelly Ayotte [R-NH]	Sen. Roy Blunt [R-MO]	Sen. John Boozman [R-AR]
Sen. Saxby Chambliss [R-GA]	Sen. Susan Collins [R-ME]	Sen. Mike Crapo [R-ID]	Sen. James Inhofe [R-OK]
Sen. Johnny Isakson [R-GA]	Sen. Mark Kirk [R-IL]	Sen. Pat Roberts [R-KS]	Sen. John Thune [R-SD]

Date	Chamber	Action
2011-04-06	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB1121 (Related) 2011-07-19 - Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/737/all-info
Text	https://www.congress.gov/112/bills/s737/BILLS-112s737is.pdf