3.0.0 5521 2023-01-11T13:32:45Z 2023-01-11T13:32:45Z House HR 2016-06-16 114 [Congressional Record Volume 162, Number 96 (Thursday, June 16, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MESSER:H.R. 5521.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 (The Congress shall havePower ``To regulate Commerce with foreign Nations, and amongthe several States and within the Indian Tribes'') andArticle I, Section 8, Clause 18 (The Congress shall havePower ``to make all Laws which shall be necessary and properfor carrying into Execution the foregoing Powers, and allother Powers vested by this Constitution in the Government ofthe United States, or in any Department or Officerthereof'').Additional authority derives from Article III, Section 1(``The judicial Power of the United States, shall be vestedin one supreme Court, and in such inferior Courts as theCongress may from time to time ordain and establish. TheJudges, both of the supreme and inferior Courts, shall holdtheir Offices during good Behaviour, and shall, at statedTimes, receive for their Services, a Compensation, whichshall not be diminished during their Continuance in Office.)Additional authority also derives from Article III, Section2, Clause 3 of the Constitution.[Page H3968]]]> hsba00 Financial Services Committee House Standing Referred to 2016-06-16T13:03:35Z Financial CHOICE Act of 2016 114 5983 HR 2016-12-20 Placed on the Union Calendar, Calendar No. 693. Related bill CRS 2016-06-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2016-06-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-06-16 Introduced in House IntroReferral 1000 9 Library of Congress M001189 Rep. Messer, Luke [R-IN-6] Luke Messer R IN 6 N Finance and Financial Sector Administrative remedies Civil actions and liability Consumer Financial Protection Bureau Consumer credit Financial services and investments Finance and Financial Sector 00 2016-06-16 Introduced in House 2016-09-30T21:13:57Z Reigning In of Governmental Hostility To Sovereignty at the CFPB Act of 2016 or the RIGHTS at the CFPB Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to authorize any person who is a party to an adjudicative administrative proceeding brought by the Consumer Financial Protection Bureau (CFPB), and against whom an order imposing a cease and desist order or a penalty may be issued at the proceeding's conclusion, to require the CFPB to terminate the proceeding. The termination request must be made within 20 days after the person receives notice of the proceeding.

If such a person does require the CFPB to terminate a proceeding, the CFPB may still bring a civil action against the person for the same remedy that might be imposed.

]]> RIGHTS at the CFPB Act of 2016 Display Title RIGHTS at the CFPB Act of 2016 Official Title as Introduced To amend the Consumer Financial Protection Act of 2010 to authorize private parties to compel the Bureau to seek sanctions by filing civil actions, and for other purposes. Introduced in House IH Short Titles as Introduced RIGHTS at the CFPB Act of 2016 Short Titles as Introduced Reigning In of Governmental Hostility To Sovereignty at the CFPB Act of 2016 Introduced in House 2016-06-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5521ih/xml/BILLS-114hr5521ih.xml 2016-06-16 Referred to the House Committee on Financial Services. 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.