Defund the CFPB Act

HR 814, the "Defund the CFPB Act," would eliminate all federal funding for the Consumer Financial Protection Bureau (CFPB) by amending the 2010 law that created it. Specifically, it replaces the CFPB's funding authorization with a fixed $0 amount, effectively shutting down the agency's operations. This direct change would prevent the CFPB from functioning as an independent agency, removing its ability to enforce consumer financial protections. As a result, consumers would no longer have access to the CFPB's regulatory oversight and enforcement actions regarding financial products and services.