II
115th CONGRESS
1st Session
S. 626
IN THE SENATE OF THE UNITED STATES
March 14, 2017
Mr. Portman (for himself, Mr. Enzi, Mr. Heller, Mr. Isakson, Mr. Barrasso, Mr. Hoeven, Ms. Collins, Mr. Blunt, Mr. Boozman, and Mr. Cochran) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To require Senate confirmation of the Inspector General of the Bureau of Consumer Financial Protection, and for other purposes.
Short title
This Act may be cited as the Bureau of Consumer Financial Protection-Inspector General Reform Act of 2017
or the CFPB-IG Act of 2017
.
Appointment of Inspector General
The Inspector General Act of 1978 (5 U.S.C. App.) is amended—
in section 8G—
in subsection (a)(2), by striking and the Bureau of Consumer Financial Protection
;
in subsection (c), by striking For the purposes of implementing this section
and all that follows through the end of the subsection; and
in subsection (g)(3), by striking and the Bureau of Consumer Financial Protection
; and
in section 12—
in paragraph (1), by inserting the Director of the Bureau of Consumer Financial Protection;
after the President of the Export-Import Bank;
; and
in paragraph (2), by inserting the Bureau of Consumer Financial Protection,
after the Export-Import Bank,
.