A bill to amend the Consumer Financial Protection Act of 2010 to enhance rule-making requirements for the Bureau of Consumer Financial Protection, and for other purposes.
Latest action (30 Sep 2026): Introduced
What this bill does
This bill, S. 5628, has been introduced in the Senate by Senator John Neely Kennedy of Louisiana. Its stated purpose is to amend the Consumer Financial Protection Act of 2010. Specifically, the bill aims to enhance the rule-making requirements for the Bureau of Consumer Financial Protection. The full text of the bill has not yet been published, so details about the exact changes to these rule-making requirements are not available.
As introduced, the bill would affect the operations of the Bureau of Consumer Financial Protection, which is responsible for implementing and enforcing federal consumer financial protection laws. Changes to its rule-making requirements could alter how the Bureau develops and issues regulations that impact financial products and services available to consumers.
The bill is currently in its initial stage of the legislative process, having just been introduced. It was introduced on September 30, 2026. For the bill to potentially become law, it would need to be considered and passed by the Senate, and then passed by the House of Representatives. After that, it would go to the President for signature.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on September 30, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does S. 5628 do?
- This bill, S. 5628, has been introduced in the Senate by Senator John Neely Kennedy of Louisiana. Its stated purpose is to amend the Consumer Financial Protection Act of 2010. Specifically, the bill aims to enhance the rule-making requirements for the Bureau of Consumer Financial Protection. The full text of the bill has not yet been published, so details about the exact changes to these rule-making requirements are not available. As introduced, the bill would affect the operations of the Bureau of Consumer Financial Protection, which is responsible for implementing and enforcing federal consumer financial protection laws. Changes to its rule-making requirements could alter how the Bureau develops and issues regulations that impact financial products and services available to consumers. The bill is currently in its initial stage of the legislative process, having just been introduced. It was introduced on September 30, 2026. For the bill to potentially become law, it would need to be considered and passed by the Senate, and then passed by the House of Representatives. After that, it would go to the President for signature.
- Has S. 5628 become law?
- Not yet. As of 30 Sep 2026, S. 5628 is introduced.
- Who sponsored S. 5628?
- S. 5628 was sponsored by Sen. John Neely Kennedy [R-LA] (Republican-LA), with 0 cosponsors.
- What's the latest action on S. 5628?
- Introduced (30 Sep 2026).
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.