HR 790 117th Congress House Finance and Financial Sector Appropriations Consumer Financial Protection Bureau Consumer credit Executive agency funding and structure Federal Reserve System Financial services and investments

TABS Act of 2021

Introduced: February 4, 2021 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 4, 2021

Referred to the House Committee on Financial Services.

Feb 4, 2021

Introduced in House

Plain-English summary Congressional Research Service

Taking Account of Bureaucrats' Spending Act of 2021 or the TABS Act of 2021

This bill eliminates provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

What's happening now February 4, 2021

Referred to the House Committee on Financial Services.

Committees of jurisdiction 1