3.0.0 6584 2025-05-27T14:12:00Z 2025-05-27T14:12:00Z House H HR 2023-12-04 118 <pre>[Congressional Record Volume 169, Number 199 (Monday, December 4, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. TIMMONS:H.R. 6584.Congress has the power to enact this legislation pursuantto the following:Article I, section 8 of the Constitution of the UnitedStates.The singe subject of this legislation is:To restore the functions of the Office of Innovation of theBureau of Consumer Financial Protection, and for otherpurposes.[Page H6111]</pre> hsba00 Financial Services Committee House Standing Referred To 2023-12-04T17:01:20Z 2023-12-04 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-12-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-12-04 Introduced in House IntroReferral 1000 9 Library of Congress T000480 Rep. Timmons, William R. IV [R-SC-4] William Timmons R SC R. 4 N Finance and Financial Sector Finance and Financial Sector 2023-12-19T20:00:24Z

00 2023-12-04 Introduced in House 2024-07-19T19:55:53Z <p><strong>Encouraging Innovation and Protecting Consumers Act</strong></p><p>This bill (1) ends the Office of Competition and Innovation within the Consumer Financial Protection Bureau (CFPB), and (2) restores the Office of Innovation at the CFPB. The Office of Competition and Innovation replaced the Office of Innovation in 2022. The original Office of Innovation was established in 2018.</p><p>The restored Office of Innovation must reestablish the compliance assistance sandbox policy (providing a safe harbor from certain liability laws while an approved financial product or service is in a testing phase) and the no action letter policy (ensuring no supervisory or enforcement action against an approved financial product or service in certain circumstances).</p>

Display Title 45 2024-07-24T15:19:29Z Short Title(s) as Introduced 101 2024-05-24T13:34:45Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:56:14Z Introduced in House IH Introduced in House 2023-12-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr6584ih/xml/BILLS-118hr6584ih.xml 2023-12-04 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.