Amendment · S.Amdt. 5573· Senate(119-SAMDT-5573)

S.Amdt. 5573

Age: 77 years

Massachusetts

Introduced: 6/4/2026
Sponsored by: Elizabeth Warren
Cosponsors: None

Changes bill: 119-S-2 — Secure America Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

SA 5573, submitted by Ms. Warren, aims to establish a funding floor for the Bureau of Consumer Financial Protection.

The amendment intends to change Section 1017(a)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)) by making the following updates:

It changes subparagraph (A) to state that the amount transferred to the Bureau each fiscal year must be at least 12 percent of the total operating expenses of the Federal Reserve System, as reported in the Annual Report, 2009, of the Board of Governors.
It changes subparagraph (B) by replacing (A)(iii) with (A).