[House Prints 113-36]
[From the U.S. Government Publishing Office]
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FEBRUARY 4, 2014
RULES COMMITTEE PRINT 113-36
TEXT OF H.R. 3193, CONSUMER FINANCIAL PRO-
TECTION SAFETY AND SOUNDNESS IMPROVE-
MENT ACT OF 2013
[Reflecting the texts of H.R. 2385, H.R. 2446, H.R. 2571, H.R.
3193, and H.R. 3519 as ordered reported by the Committee
on Financial Services, with modifications.]
1 SECTION 1. SHORT TITLE.
2 This Act may be cited as the "Consumer Financial
3 Freedom and Washington Accountability Act".
4 SEC. 2. FINANCIAL PRODUCT SAFETY COMMISSION.
5 (a) ESTABLISHMENT.-Section 1011 of the Con-
6 sumer Financial Protection Act of 2010 (12 U.S.C. 5491)
7 is amended to read as follows:
8 "SEC. 1011. ESTABLISHMENT OF THE FINANCIAL PRODUCT
9 SAFETY COMMISSION.
10 "(a) ESTABLISHMENT.-There is established an inde-
11 pendent commission to be known as the `Financial Prod-
12 uct Safety Commission' (hereinafter referred to in this
13 section as the 'Commission'), which shall regulate the of-
14 fering and provision of consumer financial products or
15 services under the Federal consumer financial laws. The
16 Commission shall be considered an Executive agency, as
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February 4, 2014 (5:32 p.m.)
[TEXT NOT AVAILABLE]