HB1410
Type: B Origin: House Comments: 0

Consumer Financial Protection Commission Act

Latest Action: Introduced in House

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The Consumer Financial Protection Commission Act aims to establish the Consumer Financial Protection Commission as an independent agency within the Federal Reserve System. The bill seeks to enhance consumer protection in financial markets by consolidating and expanding the regulatory authority over consumer financial products and services. It proposes provisions for increased oversight, enforcement powers, and coordination among federal agencies to ensure fair treatment of consumers. If passed, this bill could lead to a more robust regulatory framework for safeguarding consumers in the financial sector.

Bill Activity

  • 2023-03-07: Introduced in House

  • 2023-03-07: Referred to the House Committee on Financial Services.

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