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United States · Bill · HR

H.R. 1266 (114th)

Financial Product Safety Commission Act of 2015

openUnited States· United States Congress· EN

Introduced

4 March 2015

Last action

12 December 2016 · Reported

Status

Placed on the Union Calendar, Calendar No. 682.

Sponsors

Rep. Neugebauer, Randy [R-TX-19], Rep. Guinta, Frank C. [R-NH-1], Bill Huizenga, Rep. Garrett, Scott [R-NJ-5], Rep. Schweikert, David [R-AZ-1], Keith Rothfus, Blaine Luetkemeyer, Stevan Pearce, Scott Tipton, Rep. Williams, Roger [R-TX-25], Dennis Ross, Ann Wagner, Bruce Poliquin, Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Barr, Andy [R-KY-6], J. Hill, Rep. Fitzpatrick, Michael G. [R-PA-8], Sean Duffy, Robert Pittenger, Mia Love, Patrick McHenry, Rep. McCaul, Michael T. [R-TX-10], Rep. Weber, Randy K. Sr. [R-TX-14], Michael Burgess, JOHN CULBERSON, John Carter, KEVIN BRADY, Bill Flores, JOE BARTON, K. Conaway, Pete Sessions, Pete Olson, Ted Poe, Will Hurd, LAMAR SMITH, Steve Stivers, Kyrsten Sinema, Mike Coffman, David Trott, Brian Babin, Kay Granger, Rep. Pitts, Joseph R. [R-PA-16], David Scott, Vicky Hartzler, Rep. Ashford, Brad [D-NE-2], Kevin Cramer, Tom Emmer, PETER KING

Subjects

Discovery layer

Source updated

7 April 2025

Official sourceDownload fileView documentsShare

Summary

Financial Product Safety Commission Act of 2015 Amends the Consumer Financial Protection Act of 2010 to replace the Consumer Financial Protection Bureau as an independent bureau within the Federal Reserve System, with an independent Financial Product Safety Commission that is to regulate the offering and provision of consumer financial products or services. States that the Commission shall be composed of five members with strong competencies and experiences regarding consumer financial products and services, each to serve for a term of five years, and appointed by the President by and with the advice and consent of the Senate. Prohibits the Chair of the Commission from submitting requests for estimates related to appropriations without prior Commission approval.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 March 2015

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 4 March 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 4 March 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 11 June 2015

    Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

    Source: Committee

  5. 30 September 2015

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 24.

    Source: Committee

  6. 30 September 2015

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 12 December 2016

    Calendars

    Placed on the Union Calendar, Calendar No. 682.

    Source: Calendars

  8. 12 December 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-872.

    Source: Committee

  9. 12 December 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-872.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported in House (text)

View fileDownload file

Sponsors

Showing 48 of 54 sponsors and actors.

Related records

Sources

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