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S. 453 · 116th Congress · 2019–2020

Consumer Financial Protection Bureau Accountability Act of 2019

S. 453 in the 116th Congress (2019–2020) was introduced on Feb 12, 2019, sponsored by David Perdue with 18 co-sponsors.

During the 116th Congress (2019–2020), Donald Trump was president, and Democrats held the House majority and Republicans the Senate majority.

Status
Introduced
Introduced
Feb 12, 2019
Co-sponsors
18
Policy area
Finance and Financial Sector

What it does

Consumer Financial Protection Bureau Accountability Act of 201 9 This bill changes the source of funding for the Consumer Financial Protection Bureau (CFPB) from Federal Reserve System transfers to annual appropriations. Under current law, the transfers from the Federal Reserve System permit the CFPB to be funded outside of the annual appropriations process.

Summary by the nonpartisan Congressional Research Service.

Sponsor

David Perdue (R-GA). Co-sponsors: 18 Republicans.

Where it stands

  • IntroducedFeb 12, 2019
  • Passed the Senate—
  • Passed the House—
  • Sent to the President—
  • Became law—

Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Feb 12, 2019)

More bills from David Perdue in the 116th Congress

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Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 453 (116th Congress): Consumer Financial Protection Bureau…,” https://www.capitolreceipts.com/bill/116-s-453/consumer-financial-protection-bureau-accountability-act-of-2019 (accessed 2026-10-17).