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Standard Summary
Comprehensive overview in 1-2 paragraphs
Eliminates funding authorization for the Consumer Financial Protection Bureau by limiting director's funding requests to $0.
Key Points
- 1Sets CFPB funding limit to $0
- 2Removes funding request authority from CFPB Director
- 3Amends Consumer Financial Protection Act of 2010
- 4Eliminates paragraphs related to funding process
- 5Effectively defunds the Bureau's operations
Impact Areas
Consumer Financial Protection BureauFederal financial regulationConsumer protection programsFinancial services oversightFederal agency funding
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