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Version 00 · Introduced in House · Feb 26, 2025
Repeal CFPB Act
This bill repeals the Consumer Financial Protection Act of 2010, which established the Consumer Financial Protection Bureau.
People & committees
Rep. Donalds, Byron [R-FL-19] · R–FL
Legislative record
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Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
Text links open the official source. We also preserved the text version used in the PlainBill explanation below.
Source last updated: Oct 5, 2026. Consult Congress.gov for the current record.
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PlainBill explanation
Based on the full Introduced in House · 2025-02-26 text. This explanation has not received human editorial review. This overview describes the proposal’s major provisions; it does not establish what its real-world effects would be.
The proposed Repeal CFPB Act would undo the Consumer Financial Protection Act of 2010. It would also restore earlier legal provisions that the 2010 Act changed or repealed, treating those provisions as though that Act had never been enacted.
This Act may be cited as the Repeal CFPB Act.
The Consumer Financial Protection Act of 2010 (12 U.S.C. 5481 et seq.) is repealed, and the provisions of law amended or repealed by that Act are restored or revived as if the Act had not been enacted.
Section 2 would repeal the named 2010 Act and restore or revive the laws it amended or repealed. This restoration is part of the proposed legal change, alongside the repeal itself.
The Consumer Financial Protection Act of 2010 (12 U.S.C. 5481 et seq.) is repealed, and the provisions of law amended or repealed by that Act are restored or revived as if the Act had not been enacted.
The supplied actions snapshot, updated October 5, 2026, records introduction in the House and referral to the House Committee on Financial Services on February 26, 2025.
Source snapshot updated 2026-10-05T19:44:08Z. 2025-02-26: Referred to the House Committee on Financial Services. 2025-02-26: Introduced in House
A closer look
Reviewed version: Introduced in House · 2025-02-26. These findings describe provisions and who may benefit; they are not judgments of waste, corruption, or motive.
This review covers the supplied bill text. “None identified” does not rule out provisions in later versions or accompanying reports and disclosures.
Provisions outside the bill’s main subject, or policy changes attached to appropriations.
None identified in the reviewed text
No unrelated provision was identified in the complete supplied introduced text. This conclusion is limited to that version and does not establish absence in other versions or accompanying materials.
Spending directed to particular recipients or places outside ordinary competitive or formula-based allocation.
None identified in the reviewed text
No congressionally directed spending for particular recipients or places was identified in the complete supplied introduced text. This conclusion is limited to that version; earmark disclosures and accompanying committee or conference materials were not supplied.
Narrow exceptions, exemptions, or preferential treatment that warrant a closer look.
None identified in the reviewed text
No materially narrow carve-out, special exemption, or preferential treatment was identified in the complete supplied introduced text. This conclusion is limited to that version; the unreproduced laws prevent a full assessment of who would benefit from the proposed changes.
Full text preserved for this analysis. Legislative record snapshot: Oct 5, 2026. How PlainBill uses AI