United States · Bill · HR
H.R. 557 (112th)
Consumer Financial Protection Oversight Act of 2011
Introduced
8 February 2011
Last action
—
Status
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Consumer Financial Protection Oversight Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to transfer to the Department of the Treasury the Bureau of Consumer Financial Protection (CFPB) currently established as an independent bureau in the Federal Reserve System. Prohibits the Secretary of the Treasury from interfering with the autonomy granted the Bureau under such Act. Eliminates Bureau participation in both the Federal Reserve System Retirement Plan and in the Federal Reserve System Thrift Plan.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 8 February 2011
Introduced in House (PDF)
Introduced in House · EN · 8 February 2011
Introduced in House
summary · EN · 8 February 2011
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/house-bill/557
- Open data entity: https://api.congress.gov/v3/bill/112/hr/557