CFPB Reform <span>Library</span>

CFPB Reform Library


This is a very detailed Roadmap that tracks all of the legislative initiatives that are pending in the U.S. Congress.

As you will see, there is shortage of ideas to both reform the new consumer protection agency, as well alter the laws that it administers.

This is a Working Document, so it will be updated from time-to-time as additional legislation is introduced and considered.

Since this is a lengthy document, the cover page has instructions on how to navigate this Roadmap.  There is also a Table of Contents that we hope will be useful to you, as well.




Attached please find a new Roadmap document that we hope is helpful to you.


This Roadmap tracks amendments to the Dodd-Frank Act (DFA) that have been enacted, or that are pending in the current Congress.  This is a Working Draft that will be updated as events warrant. 


While very few amendments – even technical corrections – have been passed since the DFA was enacted, we expect that corrections and revisions to the  DFA will be considered at some point, but probably in the next Congress.  While all legislation dies at the end of each Congress, many of the bills that were introduced in this Congress, are likely to be re-introduced in early 2015 when the new Congress begins. 


Therefore, we thought it would be helpful to keep a running tab of the current activity because it is likely to be a precursor to future legislation.





Attached please find our latest edition of the Roadmap to GSE Reform. 


Within the attachment are four documents that describe in detail:


·       A side-by-side comparison of the PATH Act, S. 1217, and Ranking Democrat Maxine Waters’ Discussion Draft.   

·       The PATH Act

·       Discussion draft (S. 1217) proposed by Senate Banking Committee Chairman Tim Johnson and Ranking Republican Mike Crapo

·       Discussion draft put forth by House Financial Services Committee Ranking Democrat Maxine Waters (D-CA) from Ranking Member Waters


The first document – i.e., the side-by-side comparison -- compares the areas in the proposed legislation that overlap.  While useful for comparing areas of overlap, this document is lengthy.  For that reason, there are also three documents that describe each of the three legislative proposals individually. 


Best regards,


Canfield Press



On September 13, 2013, the CFPB released amendments to several of its new mortgage regulations, which it proposed in June 2013.[1]  This paper summarizes the significant amendments.




Canfield Press