$10 million
Mon October 28th, 2019
116th Congress
Sponsor: Rep. David Scott — D — GA
Expands the functions of the Office of Community Affairs unit within the Consumer Financial Protection Bureau (CFPB). Under the bill, that office would be required to coordinate with other bureau offices to facilitate research on the reasons some people are underserved by depository institutions. The CFPB also would be required to coordinate research efforts related to underserved people across the federal government. Finally, every two years, the CFPB would study and report to the Congress about the factors that impede people from engaging with depository institutions.
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