MIND Act of 2025

Senate Bill

S. 2925

119th Congress

MIND Act of 2025

In Committee

Introduced:Sep 29, 2025

Primary Sponsor

Charles E. Schumer

Senator

Democratic

NY

Cosponsors

2

Quick Stats

Policy Area

Government Operations and Politics

Summary

The CFPB Pay Fairness Act of 2023 would require employees of the Consumer Financial Protection Bureau (CFPB) to be paid according to the federal government's General Schedule pay scale, which is used for most civil service positions. This would change how CFPB staff are compensated compared to the current system.

Latest Action

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

AI Summary

Plain-English explanation of this bill

The CFPB Pay Fairness Act of 2023 would require employees of the Consumer Financial Protection Bureau (CFPB) to be paid according to the federal government's General Schedule pay scale, which is used for most civil service positions. This would change how CFPB staff are compensated compared to the current system.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

CFPB Pay Fairness Act of 2023 This bill requires employees of the Consumer Financial Protection Bureau to be compensated according to the General Schedule pay scale for federal employees.

Key Points

Main provisions of the bill

Requires CFPB employees to be paid using the federal government's General Schedule pay scale rather than the agency's current compensation structure.
The General Schedule pay scale is used for most civil service jobs in the federal government.
This would likely change the pay and benefits received by CFPB staff compared to the agency's current compensation system.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would impact the roughly 1,500 employees of the CFPB, potentially altering their salaries and benefits. It could also affect the CFPB's ability to attract and retain qualified personnel compared to the agency's current pay structure. The change could have broader implications for the CFPB's operations and ability to fulfill its consumer protection mandate.

Policy Areas

Primary Policy Area

Government Operations and Politics

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

2925, 119th Congress (2025). "MIND Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-s-2925