HR 654 119th Congress House Finance and Financial Sector

TABS Act of 2025

Introduced: January 23, 2025 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

Jan 23, 2025

Referred to the House Committee on Financial Services.

Jan 23, 2025

Introduced in House

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Plain-English summary Congressional Research Service

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.

What's happening now January 23, 2025

Referred to the House Committee on Financial Services.

Hearings & markups 1

Dodd-Frank Turns 15: Lessons Learned and the Road Ahead
Hearing Jul 15, 2025 · 10:00 AM EDT · Financial Services Committee

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Financial Services Committee
House of Representatives

Lobbying activity 50

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS
for CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS · District of Columbia · 2nd Quarter (Apr 1 - June 30) 2026
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
AMERICAN FAMILY MUTUAL INSURANCE COMPANY, S.I.
for AMERICAN FAMILY MUTUAL INSURANCE COMPANY, S.I. · Wisconsin · 1st Quarter (Jan 1 - Mar 31) 2026
GOWEST CREDIT UNION ASSOCIATION
for GOWEST CREDIT UNION ASSOCIATION · Washington · 1st Quarter (Jan 1 - Mar 31) 2026
AMERICAN BANKERS ASSOCIATION
for AMERICAN BANKERS ASSOCIATION · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026