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H.R. 1603

U.S. HouseIn House Committee

Summary

H.R. 1603, the Repeal CFPB Act, was introduced in the House on Feb 26, 2025 by Rep. Byron Donalds (R) with 6 co-sponsors. It was referred to Financial Services, and last saw action on Feb 26, 2025: Referred to the House Committee on Financial Services.


Record

Text

H.R. 1603 has 6 co-sponsors.

hb1603/introduced-in-house.txt
119 HR 1603 IH: Repeal CFPB Act
U.S. House of Representatives
2025-02-26
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I 119th CONGRESS 1st Session H. R. 1603 IN THE HOUSE OF REPRESENTATIVES February 26, 2025 Mr. Donalds (for himself, Mr. Ogles , Mr. Norman , and Mr. McCormick ) introduced the following bill; which was referred to the Committee on Financial Services A BILL
To eliminate the Bureau of Consumer Financial Protection.
1.
Short title
This Act may be cited as the Repeal CFPB Act .
2.
Repeal
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 ) is repealed, and the provisions of law amended or repealed by that Act are restored or revived as if the Act had not been enacted.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-02-26
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To eliminate the Bureau of Consumer Financial Protection.

Sponsors

Rep. Byron Donalds (R) sponsors H.R. 1603, and 6 members have co-sponsored it, 3 of them from the day it was introduced.

Committees

H.R. 1603 went before 1 committee: Financial Services.

Financial Services
Financial Services
Referred To · Feb 26, 2025 · 559 Bills

Actions

H.R. 1603 has taken 2 actions since Feb 26, 2025.

ChamberAction
Feb 26, 2025
House
Introduced in House
Feb 26, 2025
House
Referred to the House Committee on Financial Services.Financial Services Committee

Votes

H.R. 1603 has not gone to a roll call.

Titles

H.R. 1603 goes by 3 titles, 1 of them short titles.

  • Repeal CFPB Act — Display Title
  • Repeal CFPB Act — Short Title(s) as Introduced
  • To eliminate the Bureau of Consumer Financial Protection. — Official Title as Introduced

Lobbying

2 clients hired 2 firms and 11 registered lobbyists who named H.R. 1603 in 12 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Government Issues, Budget/Appropriations, Banking, Financial Institutions/Investments/Securities, Health Issues, Labor Issues/Antitrust/Workplace, Small Business, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
GOWEST CREDIT UNION ASSOCIATIONCredit Union Trade AssociationWashington16
NATIONAL TREASURY EMPLOYEES UNIONDistrict of Columbia16

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 fourth_quarter$350K4th Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 second_quarter$350K2nd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2026 second_quarter$340K2nd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2026 first_quarter$310K1st Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 third_quarter$300K3rd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 first_quarter$300K1st Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2026 first_quarter$90K1st Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2026 second_quarter$80K2nd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 second_quarter$60K2nd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 fourth_quarter$40K4th Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 third_quarter$40K3rd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 first_quarter$40K1st Quarter - Report

Classification

The Congressional Research Service files H.R. 1603 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 1603’s is Finance and Financial Sector.

hr1603/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com