S.Amdt. 2144

SA 2144. Mr. CARPER submitted an amendment intended to be proposed by
him to the bill S. 2155, to promote economic growth, provide tailored
regulatory relief, and enhance consumer protections, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. OFFICE OF FAIR LENDING AND EQUAL OPPORTUNITY OF THE
BUREAU OF CONSUMER FINANCIAL PROTECTION.

Section 1013 of the Consumer Financial Protection Act of
2010 (12 U.S.C. 5493) is amended by striking subsection (c)
and inserting the following:
``(c) Office of Fair Lending and Equal Opportunity.--
``(1) Establishment.--There is established within the
Division of Supervision, Enforcement, and Fair Lending of the
Bureau the Office of Fair Lending and Equal Opportunity.
``(2) Functions.--The Office of Fair Lending and Equal
Opportunity shall have such powers and duties as the
Associate Director for Supervision, Enforcement, and Fair
Lending of the Bureau (referred to in this subsection as the
`Associate Director') may delegate to the Office, including--
``(A) providing oversight and enforcement of Federal laws
intended to ensure the fair, equitable, and nondiscriminatory
access to credit for both individuals and communities that
are enforced by the Bureau, including the Equal Credit
Opportunity Act (15 U.S.C. 1691 et seq.) and the Home
Mortgage Disclosure Act of 1975 (12 U.S.C. 2801 et seq.);
``(B) coordinating fair lending efforts of the Bureau with
other Federal agencies and State regulators, as appropriate,
to promote consistent, efficient, and effective enforcement
of Federal fair lending laws;
``(C) working with private industry, fair lending, civil
rights, consumer, and community advocates on the promotion of
fair lending compliance and education; and
``(D) providing annual reports to Congress on the efforts
of the Bureau to fulfill the fair lending mandate of the
Bureau.
``(3) Administration of office.--There is established the
position of Assistant Director of the Bureau for Fair Lending
and Equal Opportunity, who shall--
``(A) be appointed by the Associate Director; and
``(B) carry out such duties as the Associate Director may
delegate to the Assistant Director.''.
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