CFPB–IG Reform Act of 2025
Summary
What This Bill Does
The CFPB-IG Reform Act separates CFPB oversight from the Federal Reserve Board inspector general structure. It amends title 5 so the Bureau of Consumer Financial Protection is listed among establishments with a presidentially appointed inspector general, removes CFPB references from the Federal Reserve Board IG provisions, and amends Dodd-Frank to establish an Inspector General position inside the CFPB. The President must appoint the CFPB IG within 60 days. The IG must appear, if invited, at semiannual hearings before the Senate Banking Committee and the House Financial Services and Energy and Commerce Committees on CFPB reports and Inspector General Act reports. The CFPB must dedicate 2 percent of its annual transferred funds to the Office of Inspector General, creating a protected funding stream for independent oversight.
Who Benefits and How
Congressional oversight committees benefit from a dedicated CFPB inspector general and semiannual hearing access. Consumers using financial products benefit indirectly if stronger CFPB oversight improves accountability, audits, and investigations. CFPB whistleblowers benefit from a bureau-specific IG office rather than a shared Federal Reserve Board IG structure. Inspector general community advocates benefit from converting CFPB oversight into the standard presidentially appointed IG model.
Who Bears the Burden and How
The CFPB must dedicate 2 percent of transferred funds each fiscal year to the Office of Inspector General. The President must appoint a CFPB inspector general within 60 days after enactment. The Federal Reserve Board inspector general loses CFPB responsibilities and the shared oversight structure changes. CFPB leadership faces more direct independent audits, investigations, reporting, and congressional hearing exposure.
Key Provisions
- Adds the CFPB to title 5 establishments with presidentially appointed inspectors general.
- Establishes a separate Inspector General position within the CFPB and requires appointment within 60 days.
- Requires the CFPB IG to appear at separate semiannual congressional hearings upon invitation.
- Directs the CFPB to dedicate 2 percent of transferred funds each fiscal year to the Office of Inspector General.
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
Creates a separate presidentially appointed Inspector General for the Consumer Financial Protection Bureau, funds the office with 2 percent of CFPB transfers, and requires semiannual congressional hearings.
Key Policy Areas
Consumer Finance, Government Oversight, Inspectors General
Primary Purpose
Creates a separate presidentially appointed Inspector General for the Consumer Financial Protection Bureau, funds the office with 2 percent of CFPB transfers, and requires semiannual congressional hearings.
Policy Domains
Resolution provisions
Identified Gains
- Congressional oversight committees
- Consumers using financial products
- CFPB whistleblowers
- Inspector general advocates
Identified Costs
- Consumer Financial Protection Bureau
- President of the United States
- Federal Reserve Board inspector general
- CFPB leadership
Sponsors
Legislative Progress
In CommitteeMr. Meuser (for himself, Mr. Huizenga, Mr. Barr, Mr. Williams …
Referred to the Committee on Oversight and Government Reform, and …
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
CFPB leadership, Congressional oversight committees, Consumer Financial Protection Bureau
Positive-direction: Congressional oversight committees
Negative-direction: CFPB leadership, Consumer Financial Protection Bureau
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