H.R. 654 · 119th Congress
TABS Act of 2025
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Not yet voted on. This bill is still a proposal: it hasn't reached a floor vote, and its text can change in committee or on the floor before any vote.
16 cosponsors · 16 R
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Taking Account of Bureaucrats' Spending Act of 2025 or the TABS Act of 2025
What it does: CRS summary · Introduced in House · Jan 23, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: TABS Act of 2025
Also known as: Taking Account of Bureaucrats’ Spending Act of 2025
Latest action (Jan 23, 2025): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 23, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.