Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013
Placed on the Union Calendar, Calendar No. 257.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Nov 18, 2013
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to: (1) remove the Consumer Financial Protection Bureau (CFPB) from the Federal Reserve System, and (2) repeal the authority of the CFPB Director to establish CFPB regional offices in cities in which are located either Federal Reserve Banks or their branches.
Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury.
Repeals establishment of the CFPB Fund.
Revises authorization of appropriations for FY2010-FY2014 with an authorization for each of FY2014 and FY2015.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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