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H.R.1264 / 114th Congress

CFPB Pay Fairness Act of 2015

Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Official summary

Version 00 · Introduced in House · Mar 4, 2015

CFPB Pay Fairness Act of 2015

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, with respect to compensation of employees of the Consumer Financial Protection Bureau (CFPB), to require the CFPB Director to set and adjust the rates of basic pay for CFPB employees in accordance with the General Schedule for federal employees. (Currently, the Director is merely authorized to do so.)

Repeals the requirement that the Director at all times provide compensation (including benefits) to each class of employees at least comparable to the compensation and benefits then being provided by the Board of Governors of the Federal Reserve System for the corresponding class of Federal Reserve employees. Repeals also the requirement that all such employees be compensated (including benefits) on terms and conditions consistent with specified terms and conditions of the Federal Reserve Act.

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Who introduced it

Rep. Duffy, Sean P. [R-WI-7] · R–WI

Committees

  • Oversight and Government Reform Committee
  • Financial Services Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  2. Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  3. Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. Introduced in House

  5. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.1264 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

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Institutions and government scope

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Individual rights and government power

Liberty lens

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