What is the official ID of this bill?

The official print number for this legislation is HR 790.

When did the legislative process begin?

The process officially started on 2021-02-04.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/hr790/BILLS-117hr790ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

Who is the primary sponsor?

The primary sponsor is Rep. Barr, Andy [R-KY-6].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Analysis and Potential Impact of HR 790

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Changes to Consumer Bureau Funding: Increased Budgetary Oversight.

Q: What are the main provisions?

Key points include: The Consumer Financial Protection Bureau (CFPB) will be funded by Congress, not independent sources, increasing public oversight. This change may affect the Bureau's ability to conduct consumer protection activities, depending on allocated funds. The act authorizes appropriations for fiscal years 2021 and 2022, meaning funding will require annual congressional approval.

This act aims to change how the Consumer Financial Protection Bureau (CFPB) is funded, moving it from an independent funding source to the regular congressional appropriations process. This means Congress will have more control over how much money the Bureau can spend, potentially impacting its consumer protection activities.

Key points

The Consumer Financial Protection Bureau (CFPB) will be funded by Congress, not independent sources, increasing public oversight.

This change may affect the Bureau's ability to conduct consumer protection activities, depending on allocated funds.

The act authorizes appropriations for fiscal years 2021 and 2022, meaning funding will require annual congressional approval.

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Status:

Expired

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Additional Information

TABS Act of 2021

Print number: HR 790

Sponsor: Rep. Barr, Andy [R-KY-6]

Process start date: 2021-02-04

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash

Source data: api.congress.gov

AI work logs for this document launch

Changes to Consumer Bureau Funding: Increased Budgetary Oversight.

Key Questions about Changes to Consumer Bureau Funding: Increased Budgetary Oversight.