119-S1923

CFPB Pay Fairness Act of 2025

Last action was on 6-2-2025

Bill is currently in: Senate
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Current status is Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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119th CONGRESS

1st Session

S. 1923

1. Short title
2. Rate of pay for employees of the Bureau of Consumer Financial Protection

1. Short title

This Act may be cited as the "CFPB Pay Fairness Act of 2025".


2. Rate of pay for employees of the Bureau of Consumer Financial Protection

(a) In general - Section 1013(a)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5493(a)(2)) is amended to read as follows:

(2) Compensation - The rates of basic pay for all employees of the Bureau shall be set and adjusted by the Director in accordance with the General Schedule set forth in section 5332 of title 5, United States Code.

(b) Effective date - The amendment made by subsection (a) shall take effect on the date that is 90 days after the date of enactment of this Act.