Bill Introduced That Could Increase the Number of Debt Collector Employees Willing to Rat Out Their Boss
From Congress.gov
S.1124 – Financial Compensation for CFPB Whistleblowers Act 118th Congress (2023-2024)
BILL
| Sponsor: | Sen. Cortez Masto, Catherine [D-NV] (Introduced 03/30/2023) |
|---|---|
| Committees: | Senate – Banking, Housing, and Urban Affairs |
| Latest Action: | Senate – 03/30/2023 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions) |
| Tracker: Tip | This bill has the status Introduced Here are the steps for Status of Legislation: Introduced Passed Senate Passed House To President Became Law |
Summary: S.1124 — 118th Congress (2023-2024)
Shown Here:
Introduced in Senate (03/30/2023)
Financial Compensation for CFPB Whistleblowers Act
This bill requires the Consumer Financial Protection Bureau to provide awards to whistleblowers who report information resulting in monetary sanctions.
Whistleblowers claiming an award are permitted to have legal representation. Anonymous whistleblowers claiming an award are required to have legal representation and must disclose their identity to the bureau. The bureau may not disclose an anonymous whistleblower’s identity except in limited circumstances, including to other government agencies in the course of an investigation.
The protections in this bill may not be waived by any employment agreement, including by a predispute arbitration agreement.
A Higher Law 