H.R. 4499House115th Congress (2017-2019)In Committee

CFPB Pay Fairness Act of 2017

Introduced November 30, 2017

AI-Generated Summary

Updated April 15, 2026 at 7:18 PM UTC

The CFPB Pay Fairness Act of 2017 changes the law so that the Bureau of Consumer Financial Protection (CFPB) must set its employees' basic salaries using the same General Schedule (GS) pay scale that applies to most federal workers. The amendment applies to all CFPB staff and takes effect 90 days after the law is enacted.

Key Provisions

  • Amends the Dodd‑Frank Act to require the CFPB Director to set and adjust basic pay for all CFPB employees according to the General Schedule pay scale (5 U.S.C. § 5332).
  • Specifies that the new pay rules become effective for CFPB employees after a 90‑day period following the law’s enactment.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

November 30, 2017

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HouseIntro Referral

Introduced in House

November 30, 2017

HouseIntro Referral

Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

November 30, 2017

Floor Debate

2 members

What members said about H.R. 4499 on the floor

2 Republicans
Louie Gohmert
Rep. Louie GohmertR-TX-1 · Jan 10, 2017

Mr. Speaker, it is always an honor to be here and, especially, to look out and see some people for whom I have eminent respect in this body. That is a nice thing, being in a body where I actually…

Alexander X. Mooney
Rep. Alexander X. MooneyR-WV-2 · Jan 10, 2017

Mr. Speaker, it is an honor and a privilege to serve the constituents of the Second Congressional District of West Virginia for a second term. As we begin the 115th session of Congress, my top…

Bill Text

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Introduced in HouseIssued November 30, 2017

I

115th CONGRESS

1st Session

H. R. 4499

IN THE HOUSE OF REPRESENTATIVES

November 30, 2017

Mr. Duffy introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to set the rate of pay for employees of the Bureau of Consumer Financial Protection in accordance with the General Schedule.

1.

Short title

This Act may be cited as the CFPB Pay Fairness Act of 2017.

2.

Rate of pay for employees of the Bureau of Consumer Financial Protection

(a)

In general

Section 1013(a)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5493(a)(2)) is amended to read as follows:

(2)

Compensation

The rates of basic pay for all employees of the Bureau shall be set and adjusted by the Director in accordance with the General Schedule set forth in section 5332 of title 5, United States Code.

.

(b)

Effective date

The amendment made by subsection (a) shall apply to service by an employee of the Bureau of Consumer Financial Protection following the 90-day period beginning on the date of enactment of this Act.