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S. 105 (115th): Consumer Financial Protection Board Act of 2017

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About the bill

One of the most important governmental responses to the 2008 financial crash was a new agency tasked with protecting consumers. But Republicans believe that the head of the agency has gotten out of control. A new bill in Congress would change the agency’s governing structure to a five-person board instead of a single individual. But is this just a sneaky move to dismantle it altogether?

The CFPB’s creation and what it does

In the aftermath of the 2008 financial crash and recession, President Obama and congressional Democrats in ...

Sponsor and status

Deb Fischer

Sponsor. Senator for Nebraska. Republican.

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Last Updated: Jan 11, 2017
Length: 19 pages
Jan 11, 2017
115th Congress, 2017–2019
Died in a previous Congress

This bill was introduced on January 11, 2017, in a previous session of Congress, but was not enacted.



Jan 11, 2017

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

S. 105 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 105 — 115th Congress: Consumer Financial Protection Board Act of 2017.” 2017. June 19, 2019 <>

Where is this information from?

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