SB3095: Federal Reserve Loss Transparency Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
A bill to amend the Consumer Financial Protection Act of 2010 to clarify the funding of the Bureau of Consumer Financial Protection.
Plain-language summary
This bill would change how the Consumer Financial Protection Bureau (CFPB)—a federal agency that enforces consumer finance laws—receives its money. Currently, the CFPB gets funding directly from the Federal Reserve rather than through Congress's annual budget process. The bill aims to clarify these funding rules, though the exact changes are not detailed in available information. The bill was introduced by Senators Bill Hagerty and Katie Boyd Britt and is currently in the early stage of consideration.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
SB3095: Federal Reserve Loss Transparency Act