CFPB Budget Integrity Act
Latest Action
Referred to the House Committee on Financial Services.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™The CFPB Budget Integrity Act (H.R. 9877) was a bill introduced in the 118th Congress aimed at addressing budgetary matters related to the Consumer Financial Protection Bureau (CFPB). The bill was referred to the House Committee on Financial Services but did not advance further and ultimately failed or expired. Specific details about the bill's provisions, including its official summary and full text, are not available in the provided data.
H.R. 9877 sought to enact changes concerning the CFPB's budget but did not progress beyond committee referral and expired without becoming law.
- The bill was introduced in the House of Representatives during the 118th Congress.
- It was referred to the House Committee on Financial Services on September 27, 2024.
- The bill's title indicates a focus on budget integrity related to the CFPB, but no detailed summary or text is available.
['Consumer Financial Protection Bureau (CFPB)', 'Federal financial regulatory bodies', 'Financial services industry stakeholders', 'Consumers potentially affected by CFPB regulations']
['Lack of available bill text and summary limits understanding of implementation requirements.', 'Unclear budgetary or authority changes could pose oversight or enforcement challenges.', 'Failure to advance past committee stage suggests possible legislative or political hurdles.']
The bill was introduced in the House during the 118th Congress and referred to the House Committee on Financial Services. It did not proceed further and expired, indicating it did not receive a floor vote or Senate consideration. The bill falls within the finance and financial sector policy area, specifically relating to the CFPB's budgetary matters.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
["If enacted, changes to CFPB budget integrity could affect the agency's operational capacity and regulatory activities.", 'Potential shifts in CFPB funding mechanisms might influence financial industry compliance costs and consumer protections.', 'Legislative failure may maintain current budgetary processes without reform.']
Due to the absence of an official summary and full bill text, transparency is limited, making it difficult for the public and oversight entities to evaluate the bill's specific provisions and potential impacts. The bill's failure to progress beyond committee referral further restricts opportunities for public debate and accountability.
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