CFPB Pay Fairness Act of 2025

United States119th CongressS-1923Senate
Updated: Jun 2, 2025

Summary

This bill seeks to amend the Consumer Financial Protection Act of 2010 to standardize the compensation structure for employees of the Bureau of Consumer Financial Protection (CFPB). It mandates that the Director of the CFPB set and adjust the rates of basic pay for all Bureau employees in accordance with the General Schedule , as specified in section 5332 of title 5, United States Code. This change would align CFPB employee salaries with the federal government's standard pay system, moving away from the Bureau's current independent pay-setting authority. The amendment is designed to take effect 90 days after the date of enactment, aiming to ensure greater consistency in federal employee compensation.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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