Repeal CFPB Act

II 116TH CONGRESS 1ST SESSION S. 1335 To eliminate the Bureau of Consumer Financial Protection. IN THE SENATE OF THE UNITED STATES MAY 6, 2019 Mr. CRUZ (for himself, Mr. LEE, Mr. INHOFE, Mr. SASSE, Mr. ROUNDS, Mrs. BLACKBURN, and Mr. PAUL) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To eliminate the Bureau of Consumer Financial Protection. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Repeal CFPB Act’’. 4 SEC. 2. REPEAL. 5 The Consumer Financial Protection Act of 2010 (12 6 U.S.C. 5481 et seq.) is repealed, and the provisions of law 7 amended or repealed by that Act are restored or revived 8 as if the Act had not been enacted. 9 Æ VerDate Sep 11 2014 21:45 May 10, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6301 \\ALPHA3\E\BILLS\S1335.IS S1335 kjohnson on DSK79L0C42 with BILLS