 On September 26, 2013, Duffy introduced the Consumer Financial Protection Safety and Soundness Improvement Act of 2013 (H.R.3193; 113th Congress), originally named the Bureau of Consumer Financial Protection Accountability Act of 2013, also known as the Consumer Financial Freedom and Washington Accountability Act.It proposed replacing the director of the consumer watchdog group, the Consumer Financial Protection Bureau (CFPB), with a five-person commission and removing the CFPB from Federal Reserve System oversight so that it "would go through the same funding process as other federal agencies."