S 303 · 119th CongressIn Committeecongress.gov ↗

Defund the CFPB Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would stop all funding for the Consumer Financial Protection Bureau (CFPB) by setting its budget to zero dollars. This would effectively shut down the agency by not giving it any money to operate.

Sponsor

Sen. Cruz, Ted [R-TX]

R

Introduced

January 29, 2025

Policy Area

Finance and Financial Sector

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