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US HB1603
Bill
Status
Introduced
2/26/2025
Primary Sponsor
Byron Donalds
Click for details
AI Summary
- Repeals the Consumer Financial Protection Act of 2010 in its entirety, eliminating the Bureau of Consumer Financial Protection (CFPB)
- Restores all provisions of law that were amended or repealed by the original 2010 Act, returning regulatory framework to pre-CFPB status
- Introduced February 26, 2025 by Rep. Donalds with 3 co-sponsors and referred to the House Committee on Financial Services
Legislative Description
Repeal CFPB Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
2/26/2025
Committee Referrals
Financial Services2/26/2025
Full Bill Text
No bill text available