DemocratAmendment · S.Amdt. 2494· Senate(119-SAMDT-2494)

S.Amdt. 2494

Rep. Kim
Age: 44 years
New Jersey
Introduced
6/29/2025
Sponsored by
Andy Kim
Cosponsors
None
Changes bill
119-HR-1 — One Big Beautiful Bill Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

Mr. Kim submitted amendment SA 2494 to the bill H.R. 1. If any part of the Act changes the outlays or revenues of the Bureau of Consumer Financial Protection, this amendment requires certain officials to report back to us in Congress.

What It Aims to Change or Add

The amendment adds a requirement for the Director of the Bureau of Consumer Financial Protection, the Chairman of the Board of Governors of the Federal Reserve System, and the Secretary of the Treasury to submit a certification to Congress.

This certification must detail the number of consumer scams, complaints, or other abuses committed against consumers that were reported to the Bureau but either went unanswered or were not investigated in a reasonable manner. This reporting requirement covers the 1-year period beginning on January 20, 2025, and for each 1-year period thereafter.