,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #dfjd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #g1 #bjad ,mr4   
,we/morel& 7= himself1 ,mr4 ,duffy1     
,mrs4 ,ba*mann1 ,mr4 ,long1 ,mr4 ,posey1
 ,mr4 ,b5tivolio1 & ,mr4 ,luetkemey]7   
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to am5d ! ,consum] ,f9ancial   
,protection ,act ( #bjaj to create a    
consum] opt-out li/ = data collect$ by !
 ,bureau1 to put "t limits on data held 
by ! ,bureau1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,,cfpb ,data ,collection ,security ,act4
  #b4 ,collection & disposal ( consum]  
in=mation ,section #ajbb7;c7 ( !        
,consum] ,f9ancial ,protection ,act (   
#bjaj 7#ab ,u4,s4,c4 #eeab7;c77 is am5d$
 by add+ at ! end ! foll[+3  7#aj7      
,opt-out li/ = data collection  7,a7 ,9 
g5]al ,! ,bureau %all e/abli% an opt-out
 li/1 :i* %all conta9 a li/ ( consum]s  
:o h notifi$ ! ,bureau t !y d n wi% to  
all[ ! ,bureau to collect p]sonally     

id5tifiable in=mation ab\t !m4  7,b7    
,availability ( li/ ,! ,bureau %all     
provide consum]s ) a me?od ( add+ &     
remov+ _! names f ! opt-out li/ bo? ov] 
! phone & on ! website ( ! ,bureau4     
7,c7 ,prohibition on data collection    
7i7 ,9 g5]al ,! ,bureau may n collect   
p]sonally id5tifiable in=mation ab\t a  
consum] if ! consum] is li/$ on !       
opt-out li/4  7ii7 ,exception = consum] 
compla9ts  7,i7 ,9 g5]al ,?is           
subp>agraph %all n apply ) respect to   
consum] compla9ts4  7,,ii7 ,use ( data  
,p]sonally id5tifiable in=mation conta9$
 9 a consum] compla9t ) respect to a    
consum] t is li/$ on ! opt-out li/ may n
 be us$ = any purpose o!r ?an ! consum] 
compla9t1 includ+ sup]visory functions  
or m>ket monitor+4  7#aa7 ,tim+         
limitation on data held by ! ,bureau ,! 
,bureau %all delete or o!rwise de/roy-- 
7,a7 any in=mation relat$ to a consum]  
compla9t reg>d+ consum] f9ancial        
products or s]vices1 n lat] ?an ! end ( 
! #fj-;day p]iod foll[+ ! completion (  

any review into su* compla9t :]e no     
fur!r action w be tak52  7,b7 any       
reports issu$ by1 or data collect$ :ile 
conduct+ an exam9ation (1 any cov]$     
p]son1 depository in/itution1 or cr$it  
union ov] :i* ! ,bureau has sup]visory  
au?ority1 aft] ?ree exam9ations1 except 
= en=cem5t actions t specifically       
address paym5ts to consum]s2 &  7,c7 any
 in=mation collect$ by ! ,bureau ab\t a 
p>ticul> consum] or o!r p]son n describ$
 "u subp>agraph 7,a7 or 7,b71 n lat] ?an
 ! #fj-;day p]iod foll[+ ! date on :i* !
 ,bureau collect$ su* in=mation4  7#ab7 
,requirem5t 9 ev5t ( privacy brea* ,if !
 ,bureau exp]i5ces a data brea* t       
exposes p]sonally id5tifiable in=mation 
ab\t a consum]1 ! ,bureau %all provide  
su* consum] ) "o ye> ( free cr$it       
monitor+ & publicly notify consum]s ( ! 
brea* on ! front page ( ! ,bureau's     
website4  7#ac7 ,requirem5t =           
,s5ate-confirm$ ,director ,not)/&+ any  
o!r provision ( law1 ! ,bureau may n    
collect any data or p]=m any m>ket      

monitor+ unless ! ,bureau has a         
,s5ate-confirm$ ,director4  4  #c4      
,p]sonnel requirem5t ,section #ajac7;a7 
( ! ,consum] ,f9ancial ,protection ,act 
( #bjaj 7#ab ,u4,s4,c4 #edic7;a77 is    
am5d$ by add+ at ! end ! foll[+3  7#f7  
,confid5tial security cle>ance requir$ =
 c]ta9 employees ,no employee ( !       
,bureau may access p]sonally id5tifiable
 in=mation collect$ by ! ,bureau unless 
su* employee holds a confid5tial        
security cle>ance4  4