A Republican bill with 6 Republican cosponsors · See all 6 cosponsors
Last activity — Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "CFPB-IG Reform Act of 2025," seeks to change how the Inspector General for the Bureau of Consumer Financial Protection is handled. It requires the Inspector General to undergo Senate confirmation rather than being appointed by the Chairman of the Federal Reserve. The Act establishes the position of Inspector General within the Bureau and requires the official to appear before specific House and Senate committees for semiannual hearings. Additionally, it mandates that the Bureau dedicate 2 percent of certain transferred funds to the Office of the Inspector General. The changes take effect once the first Senate-confirmed Inspector General is in place.
Yes· 3 of 5
- Scored +4
Does this make what the government does easier for the public to see?
The bill increases transparency by mandating semiannual hearings before House and Senate committees.
- Scored +3
Does this give people more protection from unfair business practices?
The bill enhances oversight of the CFPB, which serves to strengthen consumer financial protection through increased accountability.
- Scored +2
Does this give the federal government more power?
The bill increases federal oversight by requiring Senate confirmation of the Inspector General.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Oversight through Hearings: The Inspector General will be required to appear for semiannual hearings before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services and the Committee on Energy and Commerce of the House of Representatives. This ensures the official provides reports to Congress regarding the Bureau (Section 3(b)).
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Dedicated Funding for Oversight: The bill mandates that the Bureau dedicate 2 percent of the funds transferred pursuant to specific paragraphs to the Office of the Inspector General (Section 3(c)).
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Senate Confirmation: The bill moves the appointment process so that the Inspector General must be confirmed by the Senate (Section 4(b)).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill increases transparency by mandating semiannual hearings before House and Senate committees. Does this give the federal government more power? — The bill increases federal oversight by requiring Senate confirmation of the Inspector General.
- Economy And Finance
- Does this give people more protection from unfair business practices? — The bill enhances oversight of the CFPB, which serves to strengthen consumer financial protection through increased accountability.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Enhanced oversight of the CFPB may provide indirect benefits to low-income consumers through better regulatory enforcement. Would middle-income households be better off under this? — Improved oversight of consumer financial protections can benefit middle-class households.
- 3/31/2025
- Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 6 Cosponsors added.
- Introduced in House
Andy BarrRepublican · Kentucky
Byron DonaldsRepublican · Florida
Bill HuizengaRepublican · Michigan
Young KimRepublican · California
Maria SalazarRepublican · Florida
Roger WilliamsRepublican · Texas