About us
Why CFPB Reform?
For years, lawmakers from both sides of the political spectrum have voiced their concerns about the need for substantial reform within the Consumer Financial Protection Bureau (CFPB).
Originally designed to safeguard consumer interests in the financial sector, CFPB has increasingly been seen as operating under the influence of shifting political ideologies tied to the party in power, rather than functioning as an impartial body guided by data and input from stakeholders and grounded in accountability and transparency.
The Solution:
Bipartisan Commission
Replace the single-director CFPB governance structure with a bipartisan commission board.
Economic Impact
Create an Office of Economic Analysis and subject CFPB rulemaking to economic impact reviews.
Checks & Balances
Bring the CFPB under the regular appropriations process, and establish an Inspector General for the CFPB.
“The CFPB is the most unaccountable and unchecked agency in the entire federal bureaucracy”
Rep. Andy Bar (R-KY)
Bills and Regulation
Current CFPB-Related Legislation
Achieving common-sense solutions will place facts, objective and comprehensive analysis, and consensus at the forefront of CFPB’s decision-making process, prioritize unbiased regulation, ensure better oversight of CFBP’s budgetary responsibilities, and enhance accountability and transparency. These reforms will ultimately benefit the broader economy by ensuring the protection of consumer rights while fostering trust and confidence from consumers and the financial industry alike and maintaining the integrity and stability of financial markets.
H.R. 654
Taking Account of Bureaucrats’ Spending (TABS) Act of 2025
Introduced by Rep. Andy Barr (R-KY)
Would transition CFPB into an independent agency under the name of the Consumer Financial Empowerment Agency, subjecting it to the regular appropriations process.
H.R. 3445
Bureau of Consumer Financial Protection Commission Act
Introduced by Rep. Bill Huizenga (R-MI)
Would establish a five-member, bipartisan commission, appointed by the President and confirmed by the Senate.
H.R. 2513
CFPB-IG Reform Act of 2025
Introduced by Rep. Dan Meuser (R-PA)
Would create an Inspector General solely for the CFPB, who would be request to testify before Congress semiannually.
H.R. 2183
CFPB Dual Mandate and Economic Analysis Act
Introduced by Rep. Tom Emmer (R-MN)
Would establish an Office of Economic Analysis within the CFPB to review all proposed and existing guidance, orders, rules, and regulations.
H.R. 2331
Transparency in CFPB Cost-Benefit Analysis Act
Introduced by Rep. Barry Loudermilk (R-GA)
Would require each rulemaking to include a justification for the proposed rule, an assessment of costs and benefits, alternatives to the proposed rule, impacts on small businesses, and any studies used in preparing the information, including whether those studies are peer-reviewed.
H.R. 1606
Making the CFPB Accountable to Small Businesses Act of 2025
Introduced by Rep. Scott Fitzgerald (R-WI)
Would require CFPB, in proposing each rule, to consider the impact of the rule on small entities, in accordance with the Small Business Regulatory Enforcement Fairness Act requirements
A Quote from the coalition chair:
“I’m advocating for commonsense reforms that protect credit unions and the millions of members they serve. Our members deserve a regulatory environment that is transparent, accountable, and supports financial wellness and community growth.”
Dave Bleazard
CEO/President of First Service Credit Union
Get involved
Join Us In The Fight For CFBP Reform!
Lets band together to benefit the broader economy by ensuring the protection of consumer rights while fostering trust and confidence from consumers and the financial industry alike by maintaining the integrity and stability of financial markets.
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