CFPB–IG Reform Act of 2025
HR 2513 establishes a dedicated Inspector General (IG) position for the Consumer Financial Protection Bureau (CFPB), replacing the current shared IG arrangement with the Federal Reserve. The bill requires the CFPB to allocate 2% of its annual funding to the IG's office and mandates semiannual hearings before specific congressional committees to review the IG's reports. It also sets a 60-day deadline for the President to appoint the first CFPB IG after the bill's enactment. These changes directly affect the CFPB's internal oversight structure and its reporting obligations to Congress.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
President
Introduced Mar 31, 2025
Last action Mar 31, 2025
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 31, 2025
Committee
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.
lower
Mar 31, 2025
Introduced
Introduced in House
lower
1 primary · 6 co-sponsors
Sponsors
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