H.R. 654

119th Congress

In Committee

TABS Act of 2025

Sponsored byRepublican:Rep. Barr, Andy [R-KY-6]KY· Introduced 23 January 2025
Open on Congress.gov

16

Cosponsors

3

Actions

0

Amendments

0

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the House Committee on Financial Services.

23 January 2025·1 year ago

Summary

Introduced in House · Updated 24 April 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.

Timeline

3 actions

  1. Referred to the House Committee on Financial Services.

    23 January 2025 · IntroReferral

  2. Introduced in House

    23 January 2025 · IntroReferral

  3. Introduced in House

    23 January 2025 · IntroReferral

Sponsorship

16 cosponsors

Sponsor

Republican:Rep. Barr, Andy [R-KY-6]KY

Cosponsors

  • Republican16100%

Classification

Policy area

Finance and Financial Sector

Cosponsor momentum

Cumulative over time

Cosponsors grew from 0 on 23 January 2025 to 16 on 9 April 2026.

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