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Act to Limit Funding for Consumer Financial Protection Bureau

This bill aims to limit the funding of the Consumer Financial Protection Bureau (CFPB) to zero. If passed, the CFPB would be unable to fund its operations, potentially impacting its ability to protect consumers in financial matters like loans, mortgages, or fraud.
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 is unable to carry out its mission of protecting consumers from unfair financial practices.
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Status:
Introduced
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Additional Information
Print number: 119_S_303
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2025-01-29