PlainBillCongress, translated.Legislation. Context. Public interest.Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.
Congressional Research Service
Version 17 · Reported to House with amendment(s) · Jun 16, 2011
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 composed of the Vice Chairman for Supervision of the Federal Reserve System and four additional members appointed by the President, with the advice and consent of the Senate, from among individuals who should want to protect service members and their families who are sacrificing their lives for this country from abusive financial practices.
Prohibits Commission members from engaging in any other business, vocation, or employment.
Requires one member of the Commission to exercise primary responsibility for the Bureau's oversight activities pertaining to protecting consumers, with a focus on consumers who are older, minorities, youth, or veterans, from unfair, deceptive, and abusive lending practices.
Prohibits the Chair of the Commission from making requests for estimates related to appropriations without prior Commission approval.
People & committees
Rep. Bachus, Spencer [R-AL-6] · R–AL
Legislative record
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Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.
Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.
Placed on the Union Calendar, Calendar No. 61.
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-107.
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-107.
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 24.
Committee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 13 - 7 .
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Hearings Held.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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