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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

This text was captured on Jul 23, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Each year (or quarter of such year), beginning on the designated transfer date, and each quarter thereafter, the Board of Governors shall transfer to the Bureau from the combined earnings of the Federal Reserve System, the amount determined by the Director to be reasonably necessary to carry out the authorities of the Bureau under Federal consumer financial law, taking into account such other sums made available to the Bureau from the preceding year (or quarter of such year).

( Pub. L. 111–203, title X, § 1017 , July 21, 2010 , 124 Stat. 1975 ; Pub. L. 119–21, title III, § 30001 , July 4, 2025 , 139 Stat. 126 .)

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