HR 1382
118th Congress
House
Finance and Financial Sector
TABS Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2023
Referred to the House Committee on Financial Services.
Mar 7, 2023
Introduced in House
Plain-English summary
Taking Account of Bureaucrats' Spending Act of 2023 or the TABS Act of 2023
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 appropriations for FY2024-2025.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1