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Cuts Funding for Consumer Protection Bureau
Recent Bills/Cuts Funding for Consumer Protection Bureau

Cuts Funding for Consumer Protection Bureau

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
More:Recently Introduced BillsGovernmentSenate Bills
Why This Matters

This bill would limit the Bureau of Consumer Financial Protection's funding to zero dollars, effectively defunding it.

If you rely on the Bureau for help with financial issues, this bill cuts its funding to $0.
Who this affects
Consumers · Bureau users
What changes is this bill making?
  1. 1This bill would stop the Bureau of Consumer Financial Protection from receiving any federal funding.
  2. 2The Bureau currently helps protect consumers from unfair financial practices.
  3. 3Without funding, the Bureau may struggle to operate or provide services.
  4. 4This bill affects the Bureau's ability to enforce consumer financial laws.
  5. 5Supporters argue this will reduce government spending on the Bureau.
Read the detailed summary

Retired Pay Restoration Act This bill allows the receipt of both military retired pay and veterans' disability compensation with respect to any service-connected disability. Under current law, only individuals with service-connected disabilities rated at 50% or more receive both without offset. Individuals who were retired or separated after at least 20 years of military service due to a service-connected disability shall be eligible for the full concurrent receipt of both veterans' disability compensation and either military retired pay or combat-related special pay.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 9, 2025

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

Sponsors
See all 10 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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