Politiparty
Politiparty

119th Congress Finance and Financial Sector

H.R. 654: TABS Act of 2025

Introduced

  1. Introduced (completed)Jan 23, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 23, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

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Amendments

0 offered

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Cosponsors

16

Who scored on this bill

0 points earned

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Other bills by Garland Barr

History

  1. Jan 23, 2025Introduced in the House by Garland Barr.
Show the full action history (2 actions)
  1. Jan 23, 2025Introduced in House
  2. Jan 23, 2025Referred to the House Committee on Financial Services.