Bureau of Consumer Financial Protection Judicial Fairness Act

Bill: 113-hr-3194
Sponsor: full_name: Rep. Duffy, Sean P. [R-WI-7]
Introduced: 2013-09-26
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Banking and financial institutions regulation

Consumer Financial Protection Bureau

Judicial review and appeals
Latest action: action_date: 2013-10-15
text: Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Summaries:
action_date: 2013-09-26
action_desc: Introduced in House
text: <p>Bureau of Consumer Financial Protection Judicial Fairness Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the requirement that the deference that a court affords to the Consumer Financial Protection Bureau (CFPB) regarding the meaning or interpretation of any federal consumer financial law be applied as if it were the only agency authorized to apply, enforce, interpret, or administer federal consumer financial law.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 3194 IN THE HOUSE OF REPRESENTATIVES September 26, 2013 Mr. Duffy introduced the following bill; which was referred to the Committee on Financial Services , and in addition to the Committee on the Judiciary , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to remove certain special deference provided by courts to the Bureau of Consumer Financial Protection when the Bureau is interpreting provisions of a Federal consumer financial law.

1. Short title This Act may be cited as the Bureau of Consumer Financial Protection Judicial Fairness Act . 2. Removal of special deference Section 1022(b)(4) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5512(b)(4) ) is amended by striking subparagraph (B).