115th CONGRESS 1st Session |
To require Senate confirmation of the Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.
March 14, 2017
Mr. Portman (for himself, Mr. Enzi, Mr. Heller, Mr. Isakson, Mr. Barrasso, Mr. Hoeven, Ms. Collins, Mr. Blunt, Mr. Boozman, and Mr. Cochran) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
To require Senate confirmation of the Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017” or the “CFPB-IG Act of 2017”.
SEC. 2. Appointment of Inspector General.
The Inspector General Act of 1978 (5 U.S.C. App.) is amended—
(A) in subsection (a)(2), by striking “and the Bureau of Consumer Financial Protection”;
(B) in subsection (c), by striking “For the purposes of implementing this section” and all that follows through the end of the subsection; and
(C) in subsection (g)(3), by striking “and the Bureau of Consumer Financial Protection”; and
(A) in paragraph (1), by inserting “the Director of the Bureau of Consumer Financial Protection;” after “the President of the Export-Import Bank;”; and
(B) in paragraph (2), by inserting “the Bureau of Consumer Financial Protection,” after “the Export-Import Bank,”.