1. Short title This Act may be cited as the Consumer Financial Protection Commission Act . 2. Making the Bureau an independent Consumer Financial Protection Commission The Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5481 et seq. ) is amended— (1) in section 1011— (A) in the heading of such section, by striking BUREAU OF CONSUMER FINANCIAL PROTECTION and inserting Consumer Financial Protection Commission ; (B) in subsection (a)— (i) in the heading of such subsection, by striking Bureau and inserting Commission ; (ii) by striking in the Federal Reserve System, ; (iii) by striking independent bureau and inserting independent commission ; (iv) by striking Bureau of Consumer Financial Protection and inserting Consumer Financial Protection Commission (hereinafter in this section referred to as the Commission ) ; and (v) by striking Bureau each place such term appears and inserting Commission ; (C) by striking subsections (b), (c), and (d); (D) by redesignating subsection (e) as subsection (j); (E) in subsection (j), as so redesignated— (i) by striking , including in cities in which the Federal reserve banks, or branches of such banks, are located, ; and (ii) by striking Bureau each place such term appears and inserting Commission