To change the Bureau of Consumer Financial Protection into an independent agency named the Consumer Financial Empowerment Agency, to transition the Agency to the regular appropriations process, and for other purposes.
Summary
What This Bill Does
The bill requires consumer Financial Empowerment Agency The Consumer Financial Protection Act of 2010 (12 U.S.C and provides bringing the Agency into the regular appropriations process Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C. It relies on definition changes, reporting requirements, compliance mandates, and appropriations. The main policy areas are Education, Transportation, Agriculture, and Finance.
Who Benefits and How
Transportation operators and users affected by the bill could gain revenue opportunities, Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens, and Financial services firms and customers affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Requires consumer Financial Empowerment Agency The Consumer Financial Protection Act of 2010 (12 U.S.C.
- Provides bringing the Agency into the regular appropriations process Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires consumer Financial Empowerment Agency The Consumer Financial Protection Act of 2010 (12 U.S.C and provides bringing the Agency into the regular appropriations process Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C.
Key Policy Areas
Education, Transportation, Agriculture, Finance
Primary Purpose
The bill requires consumer Financial Empowerment Agency The Consumer Financial Protection Act of 2010 (12 U.S.C and provides bringing the Agency into the regular appropriations process Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Transportation operators and users affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
- Financial services firms and customers affected by the bill
- Educational institutions and students affected by the bill
- Agricultural producers and rural communities affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedMr. Barr (for himself, Mrs. Kim of California, Mr. Donalds, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology