# 12 U.S.C. § 5491: Establishment of the Bureau of Consumer Financial Protection

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t12_s5491

## Section

- **Citation:** 12 U.S.C. § 5491
- **Heading:** Establishment of the Bureau of Consumer Financial Protection
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** July 23, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—BANKS AND BANKING > CHAPTER 53—WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER V—BUREAU OF CONSUMER FINANCIAL PROTECTION > Part A—Bureau of Consumer Financial Protection

## Text

There is established in the Federal Reserve System, an independent bureau to be known as the “Bureau of Consumer Financial Protection”, which shall regulate the offering and provision of consumer financial products or services under the Federal consumer financial laws. The Bureau shall be considered an Executive agency, as defined in section 105 of title 5 . Except as otherwise provided expressly by law, all Federal laws dealing with public or Federal contracts, property, works, officers, employees, budgets, or funds, including the provisions of chapters 5 and 7 of title 5, shall apply to the exercise of the powers of the Bureau.

( Pub. L. 111–203, title X, § 1011 , July 21, 2010 , 124 Stat. 1964 .)

## Nearby sections

- [12 U.S.C. § 5491 Establishment of the Bureau of Consumer Financial Protection](https://www.frixlaw.com/law-library/statutes/usc_t12_s5491.md)
- [12 U.S.C. § 5492 Executive and administrative powers](https://www.frixlaw.com/law-library/statutes/usc_t12_s5492.md)
- [12 U.S.C. § 5493 Administration](https://www.frixlaw.com/law-library/statutes/usc_t12_s5493.md)
- [12 U.S.C. § 5494 Consumer Advisory Board](https://www.frixlaw.com/law-library/statutes/usc_t12_s5494.md)
- [12 U.S.C. § 5495 Coordination](https://www.frixlaw.com/law-library/statutes/usc_t12_s5495.md)
- [12 U.S.C. § 5496 Appearances before and reports to Congress](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496.md)
- [12 U.S.C. § 5496a Annual audits](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496a.md)
- [12 U.S.C. § 5496b GAO study of financial regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496b.md)
- [12 U.S.C. § 5497 Funding; penalties and fines](https://www.frixlaw.com/law-library/statutes/usc_t12_s5497.md)
- [12 U.S.C. § 5498 Data standards](https://www.frixlaw.com/law-library/statutes/usc_t12_s5498.md)
- [12 U.S.C. § 5499 Open data publication](https://www.frixlaw.com/law-library/statutes/usc_t12_s5499.md)
- [12 U.S.C. § 5511 Purpose, objectives, and functions](https://www.frixlaw.com/law-library/statutes/usc_t12_s5511.md)
- [12 U.S.C. § 5512 Rulemaking authority](https://www.frixlaw.com/law-library/statutes/usc_t12_s5512.md)
- [12 U.S.C. § 5513 Review of Bureau regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s5513.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t12_s5491. Check the current official text before relying on it. Not legal advice.