Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 2465: Financial Compensation for CFPB Whistleblowers Act

Introduced

  1. Introduced (completed)Apr 3, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 3, 2023

This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions.

Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower's identity except in limited circumstances, including to other government agencies in the course of an investigation.

The protections in this bill may not be waived by any employment agreement, including by a predispute arbitration agreement.

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Other bills by Al Green

History

  1. Apr 3, 2023Introduced in the House by Al Green.
Show the full action history (2 actions)
  1. Apr 3, 2023Introduced in House
  2. Apr 3, 2023Referred to the House Committee on Financial Services.