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United States · Bill · S

S. 49 (117th)

No CFPB in the PPP Act

referredUnited States· United States Congress· EN

Introduced

26 January 2021

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

No CFPB in the PPP Act This bill prohibits the Consumer Financial Protection Bureau from exercising oversight authority over a lender regarding its participation in the Paycheck Protection Program. The Paycheck Protection Program was established in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic and facilitates loans to small businesses.

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Documents

3 official files

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Sources

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