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Independent Oversight for Consumer Financial Protection Bureau

This new law establishes an independent Inspector General for the Consumer Financial Protection Bureau (CFPB). This means that oversight of the CFPB's actions will be more independent, potentially increasing the agency's transparency and accountability. For citizens, this could lead to better protection of their financial rights and greater assurance that the agency operates in their best interest.
Key points
Establishes an independent Inspector General position within the Consumer Financial Protection Bureau (CFPB).
The Inspector General will require Senate confirmation, increasing public oversight of their appointment.
The CFPB must dedicate 2% of its annual funds to the Inspector General's office, ensuring its operational resources.
The Inspector General will regularly report to Congressional committees, enhancing oversight of their work.
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Status:
Introduced
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Additional Information
CFPB–IG Reform Act of 2025
Print number: HR 2513
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2025-03-31