CFPB Pay Fairness Act of 2017

Bill: 115-s-2171
Sponsor: full_name: Sen. Enzi, Michael B. [R-WY]
Introduced: 2017-11-29
Policy area: Finance and Financial Sector
Subjects: Consumer Financial Protection Bureau

Government employee pay, benefits, personnel management
Latest action: action_date: 2017-11-29
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2017-11-29
action_desc: Introduced in Senate
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: II 115th CONGRESS 1st Session S. 2171 IN THE SENATE OF THE UNITED STATES November 29, 2017 Mr. Enzi introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Consumer Financial Protection Act of 2010 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 Consumer Financial Protection Act of 2010 ( 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.