HR 7588
Eliminating Fraud in the CFPB’s Complaint Database Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the Eliminating Fraud in the CFPB’s Complaint Database Act, aims to improve the accuracy and reliability of complaints submitted to the Consumer Financial Protection Bureau (CFPB). It requires individuals submitting complaints to attest under penalty of perjury that the information is true and that they are submitting the complaint directly or through an authorized representative. The bill also establishes procedures for the CFPB to identify and address fraudulent or duplicate complaints, while maintaining consumer confidentiality through the redaction of personally identifiable information.
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