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To eliminate the Bureau of Consumer Financial Protection.
Summary
The Repeal CFPB Act would repeal the Consumer Financial Protection Act of 2010, which established the Consumer Financial Protection Bureau. Upon repeal, the bill would restore or revive any provisions of law that were amended or repealed by the Consumer Financial Protection Act of 2010, returning them to their state as if the Act had never been enacted.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
6 cosponsors
Money behind the sponsor
Top reported contributors to Byron Donalds’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $212,903
- ENTREPRENEUR $17,899
- ANDREESSEN HOROWITZ $13,200
- ROBINHOOD MARKETS INC $12,750
- SAULSBURY INDUSTRIES $9,900
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Byron Donalds → · Outside spending →
Actions (2)
- Feb 26, 2025 Referred to the House Committee on Financial Services. · house
- Feb 26, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 26, 2025
Mr. Donalds (for himself, Mr. Ogles, Mr. Norman, and Mr. McCormick) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To eliminate the Bureau of Consumer Financial Protection.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Repeal CFPB Act”.
SEC. 2. REPEAL.
The Consumer Financial Protection Act of 2010 (12 U.S.C. 5481 et seq.) is repealed, and the provisions of law amended or repealed by that Act are restored or revived as if the Act had not been enacted. <all>
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