3.0.0 49 2023-03-08T20:12:10Z 2023-03-08T20:12:10Z Senate S 2021-01-26 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2021-01-26T21:02:22Z 2021-01-26 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2021-01-26 Introduced in Senate IntroReferral 10000 9 Library of Congress L000577 Sen. Lee, Mike [R-UT] Mike Lee R UT N P000603 Sen. Paul, Rand [R-KY] Rand Paul R KY 2021-02-01 False Finance and Financial Sector Accounting and auditing Banking and financial institutions regulation Business expenses Cardiovascular and respiratory health Civil actions and liability Consumer Financial Protection Bureau Consumer credit Emergency medical services and trauma care Government lending and loan guarantees Government studies and investigations Infectious and parasitic diseases Small business User charges and fees Wages and earnings Finance and Financial Sector 00 2021-01-26 Introduced in Senate 2021-04-12T18:38:48Z No CFPB in the PPP Act

This bill prohibits the Consumer Financial Protection Bureau from exercising oversight authority over a lender regarding its participation in the Paycheck Protection Program. The Paycheck Protection Program was established in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic and facilitates loans to small businesses.

]]> No CFPB in the PPP Act Display Title No CFPB in the PPP Act Official Title as Introduced A bill to prohibit the Bureau of Consumer Financial Protection from overseeing lending institutions' participation in the Paycheck Protection Program. Introduced in Senate IS Short Title(s) as Introduced No CFPB in the PPP Act Introduced in Senate IS Introduced in Senate 2021-01-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s49is/xml/BILLS-117s49is.xml 2021-01-26 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.