| Provision | Senate Bureau of Consumer Protection | House Consumer Financial Protection Agency | Administration Consumer Financial Protection Agency |
|---|---|---|---|
| Presidentially Appointed Director | Yes, confirmed by the Senate. | Yes, confirmed by the Senate. | Yes, confirmed by the Senate. |
| Independent source of funding | Yes, from the Federal Reserve Board budget. | Yes, from the Federal Reserve Board budget. | Yes, with fees on "entities and transactions" within the financial system. |
| Rule-making Authority | Writes rules, but rules can be vetoed by a two-thirds vote of a newly created council of bank regulators. | Full rule-making authority. | Full rule-making authority. |
| Covering Non-Bank Financial Firms | Rules apply to all banks, non-bank home lenders, and other "significant" non-banks. | Rules apply to all banks and non-banks, with some select exemptions (auto dealers, for example | Rules apply to all banks and non-banks |
| Enforcement Authority | Only enforces rules for banks with more than $10 billion in assets. All others are overseen by their current regulator. | Only enforces rules for banks with more than $10 billion in assets. All others are overseen by their current regulator. | Full enforcement responsibilities. |
