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Code · BILL · 117th Congress · S. 5280 (Introduced in Senate) — To amend the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to the... · Sec. 4

Sec. 4. Conforming amendments

715 words·~3 min read·/bill/117/s/5280/is/section-4

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Except as provided under paragraph (2), the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5481 et seq. ) is amended— by striking Director of the Bureau each place the term appears, other than where the term is used to refer to a Director other than the Director of the Bureau of Consumer Financial Protection, and inserting Chair of the Bureau ; by striking Director each place the term appears and inserting Chair , other than where the term is used to refer to a Director other than the Director of the Bureau of Consumer Financial Protection; and in section 1002, by striking paragraph (10).
The Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5481 et seq. ) is amended— in section 1013(c)(3)— in the matter preceding subparagraph (A), by striking Assistant Director of the Bureau for and inserting Head of the Office of ; and in subparagraph (B), by striking Assistant Director and inserting Head of the Office ; and in section 1013(g)(2)— by striking and inserting Assistant director ; and Head of the Office by striking an assistant director and inserting a Head of the Office of Financial Protection for Older Americans .
The Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5301 et seq. ) is amended— in section 111(b)(1)(D), by striking Director and inserting Chair ; and in section 1447, by striking Director each place the term appears and inserting Chair . Section 920(a)(4)(C) of the Electronic Fund Transfer Act ( 15 U.S.C. 1693o–2(a)(4)(C) ), as added by section 1075(a)(2) of the Consumer Financial Protection Act of 2010, is amended by striking Director of the Bureau of Consumer Financial Protection and inserting Chair of the Bureau of Consumer Financial Protection .
The Expedited Funds Availability Act ( 12 U.S.C. 4001 et seq. ) is amended by striking Director of the Bureau each place the term appears and inserting Chair of the Bureau . Section 2 of the Federal Deposit Insurance Act ( 12 U.S.C. 1812 ) is amended by striking Director of the Consumer Financial Protection Bureau each place the term appears and inserting Chair of the Consumer Financial Protection Bureau . Section 1004(a)(4) of the Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3303(a)(4) ) is amended by striking Director of the Consumer Financial Protection Bureau and inserting Chair of the Consumer Financial Protection Bureau .
Section 513 of the Financial Literacy and Education Improvement Act ( 20 U.S.C. 9702 ) is amended by striking Director each place the term appears and inserting Chair . Section 307 of the Home Mortgage Disclosure Act of 1975 ( 12 U.S.C. 2806 ) is amended by striking Director of the Bureau of Consumer Financial Protection each place the term appears and inserting Chair of the Bureau of Consumer Financial Protection . The Interstate Land Sales Full Disclosure Act ( 15 U.S.C. 1701 et seq. ) is amended— in section 1402 ( 15 U.S.C. 1701 ), by striking paragraph
(1)and inserting the following: Chair means the Chair of the Bureau of Consumer Financial Protection; ; and by striking Director each place the term appears and inserting Chair . Section 5 of the Real Estate Settlement Procedures Act of 1974 ( 12 U.S.C. 2604 ) is amended— by striking The Director of the Bureau of Consumer Financial Protection (hereafter in this section referred to as the and inserting Director ) The Chair of the Bureau of Consumer Financial Protection (hereafter in this section referred to as the ; and Chair ) by striking Director each place the term appears and inserting Chair . The S.A.F.E. Mortgage Licensing Act of 2008 ( 12 U.S.C. 5101 et seq. ) is amended— by striking Director each place the term appears in headings and text, other than where the term is used in the context of the Director of the Office of Thrift Supervision, and inserting Chair ; and in section 1503 ( 12 U.S.C. 5102 ), by striking paragraph
(10)and inserting the following: The term Chair means the Director of the Bureau of Consumer Financial Protection. . Section 3513(c) of title 44, United States Code is amended by striking Director of the Bureau of Consumer Financial Protection and inserting Chair of the Bureau of Consumer Financial Protection .
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