S 3368
CFPB Pay Fairness Act of 2020
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the CFPB Pay Fairness Act of 2020, aims to ensure that employees of the Consumer Financial Protection Bureau (CFPB) receive compensation consistent with the General Schedule pay scale used for federal employees. Currently, the CFPB’s pay structure was not aligned with standard federal pay practices. This legislation seeks to rectify this discrepancy by updating the CFPB’s compensation guidelines. It will apply to new hires after a 90-day period following the bill’s enactment.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Michael B. Enzi
Cosponsors
Ben Sasse
David Perdue
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