HR 654 ยท TABS Act of 2025
Referred to the House Committee on Financial Services.
- Introduced
- Jan 23, 2025
- Latest action
- Jan 23, 2025
- Sponsor
- Rep. Andy Barr [R-KY-6]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 16
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.
Recent actions
- Jan 23, 2025 Referred to the House Committee on Financial Services.
- Jan 23, 2025 Introduced in House
- Jan 23, 2025 Introduced in House
Votes
No recorded votes are available for this bill.