CFPB Pay Fairness Act of 2017

Bill: 115-hr-4499
Sponsor: full_name: Rep. Duffy, Sean P. [R-WI-7]
Introduced: 2017-11-30
Policy area: Finance and Financial Sector
Subjects: Consumer Financial Protection Bureau

Government employee pay, benefits, personnel management
Latest action: action_date: 2017-11-30
text: Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.

Summaries:
action_date: 2017-11-30
action_desc: Introduced in House
text: <p><b>CFPB Pay Fairness Act of 2017</b></p> <p>This bill amends the Consumer Financial Protection Act of 2010 to require Consumer Financial Protection Bureau employees to be compensated according to the General Schedule pay scale for federal employees.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 4499 IN THE HOUSE OF REPRESENTATIVES November 30, 2017 Mr. Duffy introduced the following bill; which was referred to the Committee on Financial Services , and in addition to the Committee on Oversight and Government Reform , 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 set the rate of pay for employees of the Bureau of Consumer Financial Protection in accordance with the General Schedule.

1. Short title This Act may be cited as the CFPB Pay Fairness Act of 2017 . 2. Rate of pay for employees of the Bureau of Consumer Financial Protection (a) In general Section 1013(a)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5493(a)(2) ) is amended to read as follows: (2) Compensation The rates of basic pay for all employees of the Bureau shall be set and adjusted by the Director in accordance with the General Schedule set forth in section 5332 of title 5, United States Code. . (b) Effective date The amendment made by subsection (a) shall apply to service by an employee of the Bureau of Consumer Financial Protection following the 90-day period beginning on the date of enactment of this Act.