Bill Detail

H.R. 654

Congress: 119

Title

TABS Act of 2025

Summary

Taking Account of Bureaucrats' Spending Act of 2025 or the TABS Act of 2025 This bill restructures the Consumer Financial Protection Bureau and renames it as the Consumer Financial Empowerment Agency. The new agency is established as an independent agency outside of the Federal Reserve System. The bill also changes the funding structure of the agency by prohibiting the transfer of funds to the agency from the Federal Reserve System and by authorizing congressional appropriations for FY2026-FY2027.

Sponsor

Rep. Andy Barr [R-KY-6]

Status

Referred to the House Committee on Financial Services.

Status as of Jun 29, 12:31 AM · synced 20h ago

Introduced

2025-01-23

Data source mode: cache

Bill Engagement