Senate Bill
S. 303
Defund the CFPB Act
Primary Sponsor
Roger Marshall
Senator
Cosponsors
6
Quick Stats
Policy Area
Summary
The Defund the CFPB Act sets the Consumer Financial Protection Bureaus funding cap at zero dollars, effectively eliminating the agency. The CFPB enforces consumer financial protection laws covering credit cards, mortgages, student loans, and other financial products, and was created by the Dodd-Frank Act following the 2008 financial crisis.
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Vote Prediction
Defund the CFPB Act
The Defund the CFPB Act sets the Consumer Financial Protection Bureaus funding cap at zero dollars, effectively eliminating the agency. The CFPB enforces consumer financial protection laws covering credit cards, mortgages, student loans, and other financial pr
Community Breakdown
Pass
0%
Fail
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0 predictions
The Defund the CFPB Act sets the Consumer Financial Protection Bureaus funding cap at zero dollars, effectively eliminating the agency. The CFPB enforces consumer financial protection laws covering credit cards, mortgages, student loans, and other financial products, and was created by the Dodd-Frank Act following the 2008 financial crisis.
- Bill Number
- 303
- Sponsor
- Roger Marshall (R-KS)
- Introduced
- 1/29/2025
- Status
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Policy Area
- Finance and Financial Sector
Data from Congress.gov
Fact Sheet
- Title
- Defund the CFPB Act
- Bill Number
- 303
- Sponsor
- Roger Marshall (R-KS)
- Status
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- 1/29/2025
- Summary
- The Defund the CFPB Act sets the Consumer Financial Protection Bureaus funding cap at zero dollars, effectively eliminating the agency. The CFPB enforces consumer financial protection laws covering credit cards, mortgages, student loans, and other financial products, and was created by the Dodd-Fran
Data from Congress.gov
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