H.R. 1500 - 116th Congress (2019-2020) - Consumers First Act

This bill revises provisions related to the administration of the Consumer Financial Protection Bureau (CFPB), including establishing requirements for staffing levels, political appointees, and the publication of consumer complaints regarding consumer financial products or services.

The bill specifically states the duties of the Office of Fair Lending and Equal Opportunity (under current law, these are delegated by the CFPB Director). It also adds the duty to implement enforcement and supervisory authority regarding the fair lending laws.

Specified units, offices, and boards of the CFPB must perform their assigned duties and may not be renamed or reorganized.

The bill amends all statutory references to the "Bureau of Consumer Financial Protection" to refer instead to the "Consumer Financial Protection Bureau."

Membership and meeting requirements for the Consumer Advisory Board are also revised.

Text (4)

May 23, 2019

May 22, 2019

May 10, 2019

March 5, 2019

Amendments (17)

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 263

Amendment reinstates the Consumer Financial Protection Bureau's final rule governing forced arbitration, within 60 days of enactment.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 262

An amendment numbered 16 printed in Part A of House Report 116-79 to add a quarterly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to payday/car-title lenders, how many enforcement actions taken, an estimate of how much in fees payday/car-title customers paid, how many times in the previous 12 months a payday customer rolled over their loan, and how many car title loan borrowers lost their car in the previous 12 months.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 261

An amendment numbered 15 printed in Part A of House Report 116-79 to require the Bureau to collect additional data from student loan servicers to provide a comprehensive view of loan portfolio performance, and to include findings from this information in the annual Ombudsman report.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 260

An amendment numbered 14 printed in Part A of House Report 116-79 to ensure that the Consumer Advisory Board is comprised of individuals who represent community banks, credit unions, small business owners, or economic growth experts.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 259

An amendment numbered 13 printed in Part A of House Report 116-79 to require the Director of the Consumer Financial Protection Bureau to issue an annual report to Congress of consumer complaints from older Americans, including a state-by-state breakdown of complaints by type of consumer financial product or service and any legislative or regulatory recommendations by the Director.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 258

An amendment numbered 12 printed in Part A of House Report 116-79 to direct CFPB to seek to appoint representatives of military- and veteran-serving financial institutions in Advisory Committees (excludes Consumer Advisory Board).

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 257

An amendment numbered 11 printed in Part A of House Report 116-79 to add representatives of service members, veterans, and their families to the list of individuals who qualify for appointment to the Consumer Advisory Board.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 256

An amendment numbered 10 printed in Part A of House Report 116-79 to add expertise in consumer privacy to the membership of the Consumer Advisory Board.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 255

An amendment numbered 9 printed in Part A of House Report 116-79 to require the Assistant Director and Student Loan Ombudsman to issue an annual report to Congress on risks to young consumers and student borrowers.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 254

An amendment numbered 8 printed in Part A of House Report 116-79 to direct the Consumer Financial Protection Bureau (CFPB) to require consumer reporting agencies to disclose free credit scores, if requested. Also directs the CFPB to develop regulations establishing a mandatory consistent format and to determine if agencies should disclose any other consumer information appropriate with respect to consumer financial education.

Agreed To

May 22, 2019

Not Agreed to in House

Sponsorship

House Amendment 253

Amendment sought to permanently subject the funding of the Consumer Financial Protection Bureau to congressional appropriation and to authorize funding for fiscal year 2020 at the fiscal year 2019 level.

Active

May 22, 2019

Not Agreed to in House

Sponsorship

House Amendment 252

Amendment sought to strike the section requiring all consumer complaints to be made available to the public on a CFPB website.

Active

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 251

An amendment numbered 5 printed in Part A of House Report 116-79 to require the Director of the Consumer Financial Protection Bureau to issue a quarterly report on debt collection complaints and enforcement actions.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 250

An amendment numbered 4 printed in Part A of House Report 116-79 to add a monthly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to potential fair lending violations, how many fair lending enforcement actions taken or referred, analysis of consumer complaints relating to potential fair lending violations, and stats on how many Office of Fair Lending and Equal Opportunity staff are dedicated to supervision and enforcement.

Agreed To

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 249

An amendment numbered 3 printed in Part A of House Report 116-79 to reestablish an interagency memorandum of understanding between the CFPB and the Department of Education concerning the sharing of student borrower complaints to allow for cooperative supervision and oversight of student loan servicers.

Agreed To

May 22, 2019

Not Agreed to in House

Sponsorship

House Amendment 248

Amendment sought to strike the findings in the bill and insert language requiring the Comptroller General to conduct a study of the effectiveness and efficiency of the Consumer Financial Protection Bureau (CFPB) in meeting its statutorily mandated obligations, the prevalence of discriminatory practices in lending, and the workplace rights of CFPB staff.

Active

May 22, 2019

Agreed to in House

Sponsorship

House Amendment 247

An amendment numbered 1 printed in Part A of House Report 116-79 to reinstate Home Mortgage Disclosure Act of 1975 reporting requirements and prevents further action by the CFPB without congressional approval.

Agreed To

Actions (46)

Show Only Major Actions

05/23/2019

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

05/22/2019

Motion to reconsider laid on the table Agreed to without objection.

05/22/2019

On passage Passed by recorded vote: 231 - 191 (Roll no. 228).

05/22/2019

Passed/agreed to in House: On passage Passed by recorded vote: 231 - 191 (Roll no. 228).

05/22/2019

On motion to recommit with instructions Failed by recorded vote: 191 - 231 (Roll no. 227).

05/22/2019

The previous question on the motion to recommit with instructions was ordered without objection.

05/22/2019

DEBATE - The House proceeded with 10 minutes of debate on the Steil motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit the use of funds from the Civil Penalty Fund to be used for any purpose other than compensating actual victims of activities for which civil penalties have been imposed under Federal consumer financial laws.

05/22/2019

Mr. Steil moved to recommit with instructions to the Committee on Financial Services. (text: CR H4108)

05/22/2019

The previous question was ordered pursuant to the rule.

05/22/2019

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1500.

05/22/2019

UNFINISHED BUSINESS - The Chair announced that the unfinished business was on adoption of amendments, which had been debated earlier an on which further proceedings had been postponed.

05/22/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Green (TX) amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Green (TX) amendment No. 17.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Tlaib amendment No. 16.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the DeSaulnier amendment No. 15.

05/22/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Stevens amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Ms. Stevens demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Stevens amendment No. 14.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Neguse amendment No. 13.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Escobar amendment No. 12.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Golden amendment No. 11.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Case amendment No. 10.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Bonamici amendment No. 9.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment No. 8.

05/22/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Burgess amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Burgess demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Burgess amendment No. 7.

05/22/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Burgess amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Burgess amendment No. 6.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Pressley amendment No. 5.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Lawson (FL) amendment No. 4.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Adams amendment No. 3.

05/22/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Steil amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Steil demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Steil amendment No. 2.

05/22/2019

DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez amendment No. 1.

05/22/2019

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1500.

05/22/2019

The Speaker designated the Honorable Ami Bera to act as Chairman of the Committee.

05/22/2019

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 389 and Rule XVIII.

05/22/2019

Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.

05/22/2019

Considered under the provisions of rule H. Res. 389. (consideration: CR H4075-4110)

05/20/2019

Rules Committee Resolution H. Res. 389 Reported to House. Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.

05/10/2019

Placed on the Union Calendar, Calendar No. 35.

05/10/2019

Committee on Education and Labor discharged.

05/10/2019

Reported (Amended) by the Committee on Financial Services. H. Rept. 116-57, Part I.

03/28/2019

Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 26.

03/28/2019

Committee Consideration and Mark-up Session Held.

03/05/2019

Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, 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.

03/05/2019

Introduced in House

Public Record

Record Updated

Nov 1, 2022 5:03:26 PM