; (B) by striking paragraphs (1), (2), and (3); (C) by redesignating paragraphs (4) and (5) as paragraphs (1) and (2), respectively; and (D) by striking subparagraphs (E) and (F) of paragraph (1), as so redesignated; (2) by striking subsections (b) and (c); (3) by redesignating subsections (d) and (e) as subsections (b) and (c), respectively; and (4) in subsection (c), as so redesignated— (A) by striking paragraphs (1), (2), and (3) and inserting the following: (1) Authorization of appropriations There is authorized to be appropriated to the Bureau $650,000,000 for fiscal year 2024 to carry out the authorities of the Bureau. ; and (B) by redesignating paragraph (4) as paragraph (2). (b) Transfer of amounts from Civil Penalty Fund On the date that funds are appropriated pursuant to section 1017(c)(1) of the Consumer Financial Protection Act of 2010 (as amended by subsection (a)) for fiscal year 2024, there is transferred an equal amount of funds from the Consumer Financial Civil Penalty Fund to the general fund of the Treasury. III CFPB–IG Reform Act of 2023 301. Short title This title may be cited as the Bureau of Consumer Financial Protection-Inspector General Reform Act of 2023 or the CFPB–IG Reform Act of 2023 . 302. Appointment of Inspector General Chapter 4 of title 5, United States Code, is amended— (1) in section 401— (A) in paragraph (1), by inserting the Bureau of Consumer Financial Protection, after the Export-Import Bank of the United States, ; and (B) in paragraph (3), by inserting the Chair of the Bureau of Consumer Financial Protection; after the President of the Export-Import Bank of the United States; ; and (2) in section 415— (A) in subsection (a)(1)(A), by striking and the Bureau of Consumer Financial Protection