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Code · BILL · 114th Congress · H.R. 5983 (Reported in House) — To create hope and opportunity for consumers, investors, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 337

Sec. 337. Removal of abusive authority

150 words·~1 min read·/bill/114/hr/5983/rh/section-337

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abusive authority The Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5481 et seq. ) is amended— in section 1013(g)— by striking , deceptive, and abusive each place such term appears and inserting and deceptive ; and by striking , deceptive, or abusive each place such term appears and inserting or deceptive ; in section 1021(b)(2), by striking , deceptive, or abusive and inserting or deceptive ; in section 1031— in the heading of such section, by striking and inserting , DECEPTIVE, OR ABUSIVE ; OR DECEPTIVE by striking , deceptive, or abusive each place such term appears and inserting or deceptive ; by striking subsection (d); and by redesignating subsections
(e)and
(f)as subsections
(d)and (e), respectively; in section 1036(a)(1)(B), by striking , deceptive, or abusive and inserting or deceptive ; and in section 1076(b)(2)(A), by striking , deceptive, or abusive and inserting or deceptive .
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Sec. 337
Removal of abusive authority
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