# 119-hr-654: TABS Act of 2025

119-hr-654, TABS Act of 2025, is a 119th Congress bill sponsored by Rep. Barr, Andy [R-KY-6] (R-KY); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-654
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-654
- Congress: 119
- Title: TABS Act of 2025
- Status: introduced
- Introduced: 2025-01-23
- Sponsor: Rep. Barr, Andy [R-KY-6] (R-KY)
- Cosponsors: 16
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**This bill would transform the Bureau of Consumer Financial Protection into the Consumer Financial Empowerment Agency.** It would recast the Bureau as an independent, President-appointed agency and change how that entity is named and governed across federal law. - Changes governance for the agency itself: the Director is clarified as a President-appointed head, references tying the entity to the Federal Reserve are removed, and Bureau-specific structural language is replaced with Agency terminology. - Updates dozens of statutes: the bill makes conforming amendments across many consumer finance laws, naming the Consumer Financial Empowerment Agency as the Bureau's successor in Dodd-Frank Title X, the Truth in Lending Act, the Truth in Savings Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, Gramm-Leach-Bliley, the Real Estate Settlement Procedures Act, and others. - Moves funding into regular appropriations: the bill redesigns the budget provisions and places the Agency on the annual appropriations track for fiscal years 2026 and 2027. *The bill would shift the Agency's funding into the annual appropriations process and authorizes that such sums as may be necessary be appropriated for fiscal years 2026 and 2027.*

## Cosponsors (16)

- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-02-04T00:00:00.000Z
- Rep. Timmons, William R. [R-SC-4] (R-SC), 2025-02-04T00:00:00.000Z
- Rep. Moore, Tim [R-NC-14] (R-NC), 2025-02-04T00:00:00.000Z
- Rep. Wagner, Ann [R-MO-2] (R-MO), 2025-02-06T00:00:00.000Z
- Rep. Flood, Mike [R-NE-1] (R-NE), 2025-02-06T00:00:00.000Z
- Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2025-02-06T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2025-02-06T00:00:00.000Z
- Rep. Haridopolos, Mike [R-FL-8] (R-FL), 2025-02-10T00:00:00.000Z
- Rep. Steil, Bryan [R-WI-1] (R-WI), 2025-02-10T00:00:00.000Z
- Rep. Loudermilk, Barry [R-GA-11] (R-GA), 2025-02-10T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-02-11T00:00:00.000Z
- Rep. Downing, Troy [R-MT-2] (R-MT), 2025-02-12T00:00:00.000Z
- Rep. Williams, Roger [R-TX-25] (R-TX), 2025-02-12T00:00:00.000Z
- Rep. De La Cruz, Monica [R-TX-15] (R-TX), 2025-02-24T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2025-09-16T00:00:00.000Z
- Rep. Mann, Tracey [R-KS-1] (R-KS), 2026-04-09T00:00:00.000Z

## Provisions PRIA read

- Rename and restructure consumer finance watchdog: mixed, high. This bill would rename the Consumer Financial Protection Bureau as the Consumer Financial Empowerment Agency. The Agency would be an independent agency, not described as part of the Federal Reserve. The Director would be appointed by the President. Funding would move to the annual appropriations pr…

## Related bills

- 119-hr-6955: Main Street Capital Access Act
- 119-hr-1919: Anti-CBDC Surveillance State Act
- 119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026
- 119-hr-979: AM Radio for Every Vehicle Act of 2025

## Sources
- [119-hr-654 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/654)

## Related
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-1919: Anti-CBDC Surveillance State Act](https://policyrisk.com/legislation/119-hr-1919)
- [119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1628)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [119-hr-979: AM Radio for Every Vehicle Act of 2025](https://policyrisk.com/legislation/119-hr-979)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-654 (as of 2026-04-21).