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US HB814

Bill

Official Source

Status

Introduced

1/28/2025

Primary Sponsor

Keith Self

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Limits the Consumer Financial Protection Bureau's (CFPB) funding request authority to $0, effectively eliminating the agency's budget
  • Amends Section 1017(a) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a))
  • Removes existing paragraphs that previously governed CFPB funding calculations and transfers from the Federal Reserve
  • Introduced January 28, 2025 by Rep. Self (R-TX) with 5 Republican cosponsors and referred to the House Committee on Financial Services

Legislative Description

Defund the CFPB Act

Finance and financial sector

Last Action

Referred to the House Committee on Financial Services.

1/28/2025

Committee Referrals

Financial Services1/28/2025

Full Bill Text

No bill text available