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HR 814 · in committee · major

Defund the CFPB Act

What this bill does

  • This bill eliminates all federal funding for the Consumer Financial Protection Bureau.
  • Financial companies and consumers are affected by changes to federal oversight of banking and lending practices.
  • The bill takes effect immediately by setting the agency's budget cap to zero dollars.

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Community Threads

Started by Cosponsor

  1. 01

    How would eliminating CFPB funding affect oversight of financial services that currently protect consumers from predatory lending and fraud?

  2. 02

    Which specific financial regulations would be reduced or eliminated if the CFPB loses all federal funding?

  3. 03

    What alternative mechanisms, if any, does the bill propose to replace the consumer protections the CFPB currently enforces?

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

Sponsor · R-TX-3

Keith Self

Citizen cosponsors

0

In Congress

5/ 435

House Reps cosponsoring

Introduced 2025-01-28

Joining the bill

Legislative timeline

  1. 2025-01-28 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-01-28 · IntroReferral

    Introduced in House

  3. 2025-01-28 · IntroReferral

    Introduced in House

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