Repeal CFPB Act

This legislative proposal aims to eliminate the Bureau of Consumer Financial Protection (CFPB), an agency established to protect consumers in the financial marketplace. The bill achieves this by directly repealing the Consumer Financial Protection Act of 2010 , which created the Bureau. Additionally, the legislation mandates that all provisions of law that were previously amended or repealed by the 2010 Act would be restored or revived . This action would effectively dismantle the federal agency and revert financial consumer protection regulations to their pre-2010 status.