Bureau Guidance Transparency Act
113-HR-4811113th CongressIntroduced Jun 9, 2014Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Ordered to be Reported by the Yeas and Nays: 35 - 24.
Sponsor
Rep. Stutzman, Marlin A. [R-IN-3](R-IN-3)10 cosponsors
Summary
Bureau Guidance Transparency Act - Amends the Consumer Financial Protection Act of 2010 to direct the Consumer Financial Protection Bureau (CFPB), when issuing guidance, to: (1) provide for a public notice and comment period before issuing the guidance in final form, (2) make publicly available all information relied on by the CFPB, and (3) redact any information that is exempt from disclosure under specified provisions of the Freedom of Information Act.
Declares without force or effect CFPB Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.
Subjects
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer Financial Protection BureauConsumer affairsConsumer creditFinancial services and investmentsGovernment information and archives
Actions (6)
Ordered to be Reported by the Yeas and Nays: 35 - 24.
Jun 11, 2014House committee actions
Committee Consideration and Mark-up Session Held.
Jun 11, 2014House committee actions
Referred to the House Committee on Financial Services.
Jun 9, 2014House floor actions
Introduced in House
Jun 9, 2014Library of Congress
Introduced in House
Jun 9, 2014Library of Congress
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
May 21, 2014House committee actions