HR 654
TABS Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 3:44 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Taking Account of Bureaucrats’ Spending Act of 2025 (TABS Act) proposes to significantly restructure the Consumer Financial Protection Bureau (CFPB). It aims to transform the CFPB into a new agency called the Consumer Financial Empowerment Agency, operating outside the Federal Reserve System and subject to regular congressional appropriations. The bill also seeks to ensure the agency’s funding is not derived from the Federal Reserve, and it establishes a clear process for congressional funding through fiscal years 2026 and 2027.
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