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HOUSE 654119th CongressReferred to the House Committee on the Judiciary.

Expressing the sense of the House of Representatives with respect to Marcus Garvey.

Last Action
8/15/2025

Actions

  • 2025-01-23Referred to the House Committee on Financial Services.
  • 2025-01-23Introduced in House
  • 2025-01-23Introduced in House

CRS Summary

As of 2025-01-23 (00)

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.

Cosponsors (16)

  • Daniel Meuser (R-PA)
  • William Timmons (R-SC)
  • Tim Moore (R-NC)
  • Ann Wagner (R-MO)
  • Mike Flood (R-NE)
  • Andrew Garbarino (R-NY)
  • Scott Fitzgerald (R-WI)
  • Mike Haridopolos (R-FL)
  • Bryan Steil (R-WI)
  • Barry Loudermilk (R-GA)
  • Michael Lawler (R-NY)
  • Troy Downing (R-MT)
  • Roger Williams (R-TX)
  • Monica De La Cruz (R-TX)
  • Pete Sessions (R-TX)
  • Tracey Mann (R-KS)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.