Bill Tracker / 118th Congress / H.R. 2490
H.R. 2490 · 118th Congress
CFPB Whistleblower Incentives and Protection Act
Latest action: Referred to the House Committee on Financial Services. — 04/06/2023
What This Bill Does
CFPB Whistleblower Incentives and Protection Act
This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions.
Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower's identity except in limited circumstances, including to other government agencies in the course of an investigation.
Summary as of 04/06/2023, via Congress.gov / Congressional Research Service.