TABS Act of 2025

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 23 January 2025

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 23 January 2025

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 January 2025

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

2 official files

• Introduced in House

  Introduced in House · EN · 23 January 2025

  DownloadOpen at official source

• Introduced in House

  summary · EN · 23 January 2025

  Open at official source

Sponsors

• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Meuser, Daniel [R-PA-9] · R · Cosponsor
• William Timmons · R · Cosponsor
• Tim Moore · R · Cosponsor
• Ann Wagner · R · Cosponsor
• Mike Flood · R · Cosponsor
• Andrew Garbarino · R · Cosponsor
• Rep. Fitzgerald, Scott [R-WI-5] · R · Cosponsor
• Mike Haridopolos · R · Cosponsor
• Bryan Steil · R · Cosponsor
• Barry Loudermilk · R · Cosponsor
• Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
• Rep. Downing, Troy [R-MT-2] · R · Cosponsor
• Roger Williams · R · Cosponsor
• Rep. De La Cruz, Monica [R-TX-15] · R · Cosponsor
• Pete Sessions · R · Cosponsor
• Rep. Mann, Tracey [R-KS-1] · R · Cosponsor
• · hsba00 · Standing

Related records

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