118th Congress Finance and Financial Sector
S. 1124: Financial Compensation for CFPB Whistleblowers Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Sherrod Brown D-OHOriginal
- Richard Blumenthal D-CTOriginal
- Richard Durbin D-ILOriginal
- Jeff Merkley D-OROriginal
- Bernard Sanders I-VTOriginal
- Tina Smith D-MNOriginal
- Elizabeth Warren D-MAOriginal
- John Fetterman D-PA
Who scored on this bill
- 1Catherine Cortez Masto SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Catherine Cortez Masto
- S. 1574: Tribal Access to Electronic Evidence Act
- S. 3693: Large-Scale Water Recycling Reauthorization Act
- S. 91: Western Wildfire Support Act of 2026
- S. 1981: Strategic Grazing to Reduce Risk of Wildfire Act
- S. 3041: Tribal Warrant Fairness Act
- S.J.Res. 128: Disapproval of Bureau of Consumer Financial Protection relating to the withdrawal of the rule rule: Consumer Financial Protection Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions
History
- Introduced in the Senate by Catherine Cortez Masto.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.