# 119-s-2429: Stop the Scammers Act

119-s-2429, Stop the Scammers Act, is a 119th Congress bill sponsored by Sen. Cortez Masto, Catherine [D-NV] (D-NV); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2429
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2429
- Congress: 119
- Title: Stop the Scammers Act
- Status: introduced
- Introduced: 2025-07-24
- Sponsor: Sen. Cortez Masto, Catherine [D-NV] (D-NV)
- Cosponsors: 26
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Creates a new whistleblower incentives and protection program** in the Consumer Financial Protection Act to reward people who bring original tips about consumer finance violations and to strengthen enforcement capacity. It also increases the Bureau's funding ceiling to give the agency more resources for investigations and awards. - Workers and insiders who report fraud would be eligible for monetary awards when their original information leads to successful enforcement. Awards must total between 10% and 30% of collected civil money penalties and the minimum award for smaller penalties is the greater of 10% or $50,000. - Consumers would likely see stronger enforcement and deterrence because awards come from a dedicated penalty fund and the Bureau can use rulemaking, confidentiality protections, and appeals to manage cases. - The Bureau and enforcement partners would get more resources and clearer rules. The bill lets the Consumer Financial Civil Penalty Fund pay whistleblower awards and raises the Bureau's statutory funding ceiling, changing the multiplier used in the funding formula. *It would raise the Bureau's statutory funding multiplier from 6.5 to 12, increasing the agency's funding ceiling.*

## Cosponsors (26)

- Sen. Warren, Elizabeth [D-MA] (D-MA), 2025-07-24T00:00:00.000Z
- Sen. Schumer, Charles E. [D-NY] (D-NY), 2025-07-24T00:00:00.000Z
- Sen. Reed, Jack [D-RI] (D-RI), 2025-07-24T00:00:00.000Z
- Sen. Smith, Tina [D-MN] (D-MN), 2025-07-24T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2025-07-24T00:00:00.000Z
- Sen. Kim, Andy [D-NJ] (D-NJ), 2025-07-24T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-07-24T00:00:00.000Z
- Sen. Klobuchar, Amy [D-MN] (D-MN), 2025-07-24T00:00:00.000Z
- Sen. Gillibrand, Kirsten E. [D-NY] (D-NY), 2025-07-24T00:00:00.000Z
- Sen. Fetterman, John [D-PA] (D-PA), 2025-07-24T00:00:00.000Z
- Sen. Booker, Cory A. [D-NJ] (D-NJ), 2025-07-24T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2025-07-24T00:00:00.000Z
- Sen. Warnock, Raphael G. [D-GA] (D-GA), 2025-07-24T00:00:00.000Z
- Sen. Warner, Mark R. [D-VA] (D-VA), 2025-07-31T00:00:00.000Z
- Sen. Blunt Rochester, Lisa [D-DE] (D-DE), 2025-07-31T00:00:00.000Z
- Sen. Kaine, Tim [D-VA] (D-VA), 2025-10-03T00:00:00.000Z
- Sen. Alsobrooks, Angela D. [D-MD] (D-MD), 2025-07-24T00:00:00.000Z
- Sen. Durbin, Richard J. [D-IL] (D-IL), 2025-07-24T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-07-24T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2025-07-24T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2025-07-24T00:00:00.000Z
- Sen. Sanders, Bernard [I-VT] (I-VT), 2025-07-24T00:00:00.000Z
- Sen. Rosen, Jacky [D-NV] (D-NV), 2025-07-24T00:00:00.000Z
- Sen. Luján, Ben Ray [D-NM] (D-NM), 2025-07-24T00:00:00.000Z
- Sen. Hickenlooper, John W. [D-CO] (D-CO), 2025-07-24T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2025-12-03T00:00:00.000Z

## Provisions PRIA read

- Cash rewards for consumer whistleblowers: benefit, high. If enacted, the bill would create a CFPB whistleblower award program. You could get cash if you give original information that leads to successful enforcement. For cases with $1,000,000 or more in penalties, the Bureau would set an award pool equal to 10%–30% of the penalties. If penalties are unde…
- Higher funding cap for CFPB: benefit, low. If enacted, the bill would raise the CFPB's funding cap by changing a numeric factor from 6.5 to 12. This would give the Bureau a higher funding ceiling. The change would take effect upon enactment. It does not itself appropriate new money, so any extra enforcement or programs would need future spe…

## Related bills

- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-2150: Women’s Health Protection Act of 2025
- 119-s-2523: John R. Lewis Voting Rights Advancement Act of 2025
- 119-s-1115: Paycheck Fairness Act

## Sources
- [119-s-2429 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2429)

## Related
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-2150: Women’s Health Protection Act of 2025](https://policyrisk.com/legislation/119-s-2150)
- [119-s-2523: John R. Lewis Voting Rights Advancement Act of 2025](https://policyrisk.com/legislation/119-s-2523)
- [119-s-1115: Paycheck Fairness Act](https://policyrisk.com/legislation/119-s-1115)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2429 (as of 2025-12-21).