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Act to Limit Funding for Consumer Financial Protection Bureau

This act aims to limit the funding of the Consumer Financial Protection Bureau (CFPB) to zero dollars. This means the CFPB, which currently protects consumers from unfair financial practices, would have no funds for its operations. This could impact citizens' ability to get help with disputes against financial institutions.
Key points
The bill proposes that the Consumer Financial Protection Bureau (CFPB) receive no funding for its activities.
Lack of funding could mean the CFPB will be unable to assist citizens with issues related to loans, credit, or other financial products.
This change may weaken consumer protection in the financial market.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_814
Sponsor: Rep. Self, Keith [R-TX-3]
Process start date: 2025-01-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Defund the CFPB Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_814.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-28.

What are the main provisions?

Key points include:

  • The bill proposes that the Consumer Financial Protection Bureau (CFPB) receive no funding for its activities.
  • Lack of funding could mean the CFPB will be unable to assist citizens with issues related to loans, credit, or other financial products.
  • This change may weaken consumer protection in the financial market.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Self, Keith [R-TX-3].

What is the latest detailed status?

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

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Courts and Law