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HR 654 · in committee · significant

TABS Act of 2025

What this bill does

  • This bill restructures the Consumer Financial Protection Bureau and renames it the Consumer Financial Empowerment Agency.
  • The change affects the agency's independence and the oversight of consumer financial protections nationwide.
  • The agency will be funded through congressional appropriations for fiscal years 2026-2027 instead of Federal Reserve transfers.

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Community Threads

Started by Cosponsor

  1. 01

    How might shifting the CFPB's funding from the Federal Reserve to congressional appropriations change which financial protection rules get prioritized or cut?

  2. 02

    What trade-offs could result from reducing the agency's independence, and who would benefit or lose under different oversight structures?

  3. 03

    How would the renamed Consumer Financial Empowerment Agency's ability to enforce existing consumer protections differ under the proposed governance changes?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-KY-6

Andy Barr

Citizen cosponsors

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In Congress

16/ 435

House Reps cosponsoring

Introduced 2025-01-23

Joining the bill

+ 4 more

Legislative timeline

  1. 2025-01-23 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-01-23 · IntroReferral

    Introduced in House

  3. 2025-01-23 · IntroReferral

    Introduced in House

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