119th Congress
H.R. 654
TABS Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Andy Barr(R-KY)
- Introduced
- Jan 23, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services
- Official text
- Introduced in House · Congress.gov page
Cosponsors (16)
Added later (16)
- Daniel Meuser (R-PA) · Feb 4, 2025
- Tim Moore (R-NC) · Feb 4, 2025
- William R. Timmons IV (R-SC) · Feb 4, 2025
- Andrew R. Garbarino (R-NY) · Feb 6, 2025
- Ann Wagner (R-MO) · Feb 6, 2025
- Mike Flood (R-NE) · Feb 6, 2025
- Scott Fitzgerald (R-WI) · Feb 6, 2025
- Barry Loudermilk (R-GA) · Feb 10, 2025
- Bryan Steil (R-WI) · Feb 10, 2025
- Mike Haridopolos (R-FL) · Feb 10, 2025
- Michael Lawler (R-NY) · Feb 11, 2025
- Roger Williams (R-TX) · Feb 12, 2025
- Troy Downing (R-MT) · Feb 12, 2025
- Monica De La Cruz (R-TX) · Feb 24, 2025
- Pete Sessions (R-TX) · Sep 16, 2025
- Tracey Mann (R-KS) · Apr 9, 2026
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 23, 2025 · House
Referred to the House Committee on Financial Services. - Jan 23, 2025
Introduced in House