TABS Act of 2023

United States118th CongressHR-1382House of Representatives
Updated: Mar 7, 2023

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.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

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