Repeal CFPB Act

II 118TH CONGRESS 1ST SESSION S. 1363 To eliminate the Bureau of Consumer Financial Protection. IN THE SENATE OF THE UNITED STATES APRIL 27, 2023 Mr. CRUZ (for himself, Mr. PAUL, Mr. CRAMER, Mr. BARRASSO, and Mr. LEE) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To eliminate the Bureau of Consumer Financial Protection. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Repeal CFPB Act’’. 4 SEC. 2. REPEAL. 5 The Consumer Financial Protection Act of 2010 (12 6 U.S.C. 5481 et seq.) is repealed, and the provisions of law 7 amended or repealed by that Act are restored or revived 8 as if the Act had not been enacted. 9 Æ VerDate Sep 11 2014 00:56 May 05, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6301 E:\BILLS\S1363.IS S1363 kjohnson on DSK79L0C42PROD with BILLS