section_path: U.S. House of Representatives (2011 – 2019)/Legislation sponsored
section_name: Legislation sponsored
paragraph_text: Legislation sponsored
  
  Duffy proposed legislation to replace the director of the consumer watchdog group, the Consumer Financial Protection Bureau (CFPB), with a five-person commission and removing the CFPB from Federal Reserve System oversight so that it "would go through the same funding process as other federal agencies". The Consumer Financial Protection Bureau would have been renamed the Financial Product Safety Commission. The bill also intended to make overturning the decisions about regulations that the new commission made easier to do. The bill gave the commission more room to get rid of policies that Duffy believes jeopardize the safety of the US banking system.
  
  In December 2015, Duffy introduced legislation to establish a five-person financial oversight board over Puerto Rico (with members appointed by the White House) in exchange for allowing public entities in Puerto Rico access to Chapter 9 restructuring.
  
  In 2018, Duffy introduced legislation for Trump to enact more tariffs.
  
  Duffy proposed legislation to replace the director of the consumer watchdog group, the Consumer Financial Protection Bureau (CFPB), with a five-person commission and removing the CFPB from Federal Reserve System oversight so that it "would go through the same funding process as other federal agencies". The Consumer Financial Protection Bureau would have been renamed the Financial Product Safety Commission. The bill also intended to make overturning the decisions about regulations that the new commission made easier to do. The bill gave the commission more room to get rid of policies that Duffy believes jeopardize the safety of the US banking system.
  
  In December 2015, Duffy introduced legislation to establish a five-person financial oversight board over Puerto Rico (with members appointed by the White House) in exchange for allowing public entities in Puerto Rico access to Chapter 9 restructuring.
  
  In 2018, Duffy introduced legislation for Trump to enact more tariffs.