,,ii #aaeth ,,congress #ast ,session ,s4 #cfe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #ac1 #bjag ,mr4 ,rounds introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to amend the ,consumer ,financial ,protection ,act of #bjaj to remove the funding cap relating to the transfer of funds from the ,board of ,governors of the ,federal ,reserve ,system to the ,bureau of ,consumer ,financial ,protection1 and for other purposes4 #a4 ,funding for ,bureau of ,consumer ,financial ,protection ,section #ajag 7#ab ,u4,s4,c4 #edig7 of the ,consumer ,financial ,protection ,act of #bjaj is amended-- 7#a7 in subsection 7a7-- 7,a7 by striking paragraphs 7#a7 through 7#c72 and 7,b7 by redesignating paragraphs 7#d7 and 7#e7 as paragraphs 7#a7 and 7#b71 respectively2 7#b7 in subsection 7b7-- 7,a7 by striking paragraph 7#b72 and 7,b7 by redesignating paragraph 7#c7 as paragraph 7#b72 7#c7 in subsection 7c77#a7-- 7,a7 in the first sentence1 by striking 1 and shall remain available until expended12 and 7,b7 by inserting ,any funds not expended by the ,bureau shall be deposited into the general fund of the ,treasury4 after responsibilities42 and 7#d7 by striking subsection 7d7 and inserting the following3 7d7 ,penalties and fines 7#a7 ,establishment of ,civil ,penalty ,fund ,there is established in the ,federal ,reserve a separate fund1 to be known as the ,consumer ,financial ,civil ,penalty ,fund 7referred to in this section as the ,civil ,penalty ,fund74 ,the ,civil ,penalty ,fund shall be maintained and established at a ,federal reserve bank1 in accordance with such requirements as the ,board of ,governors may impose4 ,if the ,bureau obtains a civil penalty against any person in any judicial or administrative action under ,federal consumer financial laws1 the ,bureau shall deposit into the ,civil ,penalty ,fund1 the amount of the penalty collected4 7#b7 ,transfer to general fund of the ,treasury ,amounts in the ,civil ,penalty ,fund shall be deposited into the general fund of the ,treasury4 4