3.0.0 1355 2022-03-01T06:43:08Z 2022-03-01T06:43:08Z House H HR 2011-04-04 112 [Pages H2292-H2293]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NEUGEBAUER:H.R. 1355.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have power to lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defense and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States.Article I, Section 8, Clause 3The Congress shall have power to regulate Commerce withforeign Nations, and among[[Page H2293]]the several States, and with the Indian Tribes.Article I, Section 8, Clause 18The Congress shall have Power to make all Laws which shallbe necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by theConstitution in the Government of the United States, or inany Department or Officer thereof.]]> hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Hearings by 2012-02-08T19:32:27Z Referred to 2011-05-02T15:47:53Z Referred to 2011-04-04T16:02:05Z Bureau of Consumer Financial Protection Accountability Act 112 1640 HR 2011-05-02 Referred to the Subcommittee on Financial Institutions and Consumer Credit. Related bill CRS 2012-02-08 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2011-05-02 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2011-04-04 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-04-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-04-04 Introduced in House IntroReferral 1000 9 Library of Congress N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 N C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2011-04-04 True C001082 Rep. Canseco, Francisco "Quico" [R-TX-23] Francisco Canseco R TX Quico 23 2011-04-04 True Finance and Financial Sector Consumer affairs Department of the Treasury Executive agency funding and structure Federal Reserve System Government employee pay, benefits, personnel management Finance and Financial Sector 00 2011-04-04 Introduced in House 2011-06-07T19:13:51Z Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to remove the Bureau of Consumer Financial Protection, an independent bureau in the Federal Reserve System, to the Department of the Treasury, where it would not be autonomous.

Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governors of the Federal Reserve System. Subjects the Bureau to the regular authorization, budget, and appropriations process of the Department of the Treasury.

Repeals establishment of the Bureau of Consumer Financial Protection Fund and of a Victims Relief Fund.

Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

]]> Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 Short Titles as Introduced Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 Display Title Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 Official Title as Introduced To amend the Consumer Financial Protection Act of 2010 to move the Bureau of Consumer Financial Protection into the Department of the Treasury. Introduced in House 2011-04-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1355ih/xml/BILLS-112hr1355ih.xml 2012-02-08 Subcommittee Hearings Held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.