119-HR814
Defund the CFPB Act
Last action was on 1-28-2025
SenateCurrent status is Referred to the House Committee on Financial Services.
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119th CONGRESS
1st Session
H. R. 814
1. Short title2. Limiting funding of bureau of consumer financial protection1. Short title
This Act may be cited as the "Defund the CFPB Act".
2. Limiting funding of bureau of consumer financial protection
Section 1017(a) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)) is amended—
(1) - in paragraph (1), by striking "taking into account" and all that follows through the period at the end and inserting "which shall be not more than $0.";
(2) - by striking paragraphs (2) and (3); and
(3) - by redesignating paragraphs (4) and (5) as paragraphs (2) and (3), respectively.