\I 

118TH CONGRESS 

1ST SESSION H. R. 1382 

To change the Bureau of Consumer Financial Protection into an independent 

agency named the Consumer Financial Empowerment Agency, to transition the Agency to the regular appropriations process, and for other 

purposes. 

IN THE HOUSE OF REPRESENTATIVES 

MARCH 7, 2023 

Mr. BARR (for himself, Mrs. KIM of California, Mr. DONALDS, Mr. DAVIDSON, 

Mr. WILLIAMS of Texas, Mr. MOONEY, Mr. FLOOD, Mr. HILL, Mr. 

EMMER, Mr. MEUSER, Mr. STEIL, Mr. FITZGERALD, Mr. LOUDERMILK, 

Mrs. HOUCHIN, Mr. LUETKEMEYER, Mrs. WAGNER, Mr. LAWLER, Ms. 

DE LA CRUZ, Mr. TIMMONS, and Mr. POSEY) introduced the following 

bill; which was referred to the Committee on Financial Services 

A BILL 

To change the Bureau of Consumer Financial Protection 

into an independent agency named the Consumer Financial Empowerment Agency, to transition the Agency to 

the regular appropriations process, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Taking Account of Bu3 reaucrats’ Spending Act of 2023’’ or the ‘‘TABS Act of 

4 2023’’. 

5 SEC. 2. CONSUMER FINANCIAL EMPOWERMENT AGENCY. 

6 (a) MAKING THE BUREAU AN INDEPENDENT CON7 SUMER FINANCIAL EMPOWERMENT AGENCY.—The Con8 sumer Financial Protection Act of 2010 (12 U.S.C. 5481 

9 et seq.) is amended— 

10 (1) in section 1011— 

11 (A) in the heading of such section, by 

12 striking ‘‘BUREAU OF CONSUMER FINAN13 CIAL PROTECTION’’ and inserting ‘‘CON14 SUMER FINANCIAL EMPOWERMENT AGEN15 CY’’; 

16 (B) in subsection (a)— 

17 (i) in the heading of such subsection, 

18 by striking ‘‘BUREAU’’ and inserting 

19 ‘‘AGENCY’’; 

20 (ii) by striking ‘‘in the Federal Re21 serve System,’’; 

22 (iii) by striking ‘‘independent bureau’’ 

23 and inserting ‘‘independent agency’’; and 

24 (iv) by striking ‘‘ ‘Bureau of Con25 sumer Financial Protection’ ’’ and insert26 ing ‘‘ ‘Consumer Financial Empowerment 


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1 Agency’ (hereinafter in this section re2 ferred to as the ‘Agency’)’’; 

3 (C) in subsection (b)(5), by amending sub4 paragraph (A) to read as follows: 

5 ‘‘(A) shall be appointed by the President; 

6 and’’; 

7 (D) in subsection (c), by striking para8 graph (3); 

9 (E) in subsection (e), by striking ‘‘, includ10 ing in cities in which the Federal reserve banks, 

11 or branches of such banks, are located,’’; and 

12 (F) by striking ‘‘Bureau’’ each place such 

13 term appears and inserting ‘‘Agency’’; and 

14 (2) in section 1012— 

15 (A) in subsection (a)(10), by striking ‘‘ex16 aminations,’’; and 

17 (B) by striking subsection (c). 

18 (b) DEEMING OF NAME.—Any reference in a law, 

19 regulation, document, paper, or other record of the United 

20 States to the Bureau of Consumer Financial Protection 

21 shall be deemed a reference to the Consumer Financial 

22 Empowerment Agency. 

23 (c) CONFORMING AMENDMENTS.— 

24 (1) DODD-FRANK WALL STREET REFORM AND

25 CONSUMER PROTECTION ACT.—The Dodd-Frank 


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1 Wall Street Reform and Consumer Protection Act 

2 (12 U.S.C. 5301 et seq.) is amended— 

3 (A) in the table of contents in section 

4 1(b)— 

5 (i) by striking ‘‘Bureau of Consumer 

6 Financial Protection’’ each place such term 

7 appears and inserting ‘‘Consumer Finan8 cial Empowerment Agency’’; and 

9 (ii) in the table of contents relating to 

10 title X, in the items relating to subtitle B, 

11 subtitle C, and section 1027, by striking 

12 ‘‘Bureau’’ each place such term appears 

13 and inserting ‘‘Agency’’; 

14 (B) in section 2, by amending paragraph 

15 (4) to read as follows: 

16 ‘‘(4) AGENCY.—The term ‘Agency’ means the 

17 Consumer Financial Empowerment Agency estab18 lished under title X.’’; 

19 (C) in section 342 by striking ‘‘Bureau’’ 

20 each place such term appears in headings and 

21 text and inserting ‘‘Agency’’; 

22 (D) in section 1400(b)— 

23 (i) by striking ‘‘Bureau of Consumer 

24 Financial Protection’’ and inserting ‘‘ConVerDate Sep 11 2014 22:08 Mar 23, 2023 Jkt 039200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H1382.IH H1382

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1 sumer Financial Empowerment Agency’’; 

2 and 

3 (ii) in the subsection heading, by 

4 striking ‘‘BUREAU OF CONSUMER FINAN5 CIAL PROTECTION’’ and inserting ‘‘CON6 SUMER FINANCIAL EMPOWERMENT AGEN7 CY’’; 

8 (E) in section 1411(a)(1), by striking ‘‘Bu9 reau’’ and inserting ‘‘Agency’’; and 

10 (F) in section 1447, by striking ‘‘Director 

11 of the Bureau’’ each place such term appears 

12 and inserting ‘‘Director of the Consumer Fi13 nancial Empowerment Agency’’. 

14 (2) ALTERNATIVE MORTGAGE TRANSACTION

15 PARITY ACT OF 1982.—The Alternative Mortgage 

16 Transaction Parity Act of 1982 (12 U.S.C. 3801 et 

17 seq.) is amended— 

18 (A) by striking ‘‘Bureau of Consumer Fi19 nancial Protection’’ each place such term ap20 pears and inserting ‘‘Consumer Financial Em21 powerment Agency’’; and 

22 (B) in the subsection heading of subsection 

23 (d) of section 804 (12 U.S.C. 3803(d)), by 

24 striking ‘‘BUREAU’’ and inserting ‘‘AGENCY’’. 


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1 (3) ELECTRONIC FUND TRANSFER ACT.—The 

2 Electronic Fund Transfer Act (15 U.S.C. 1693 et 

3 seq.) is amended— 

4 (A) by amending the second paragraph (4) 

5 (defining the term ‘‘Bureau’’) to read as fol6 lows: 

7 ‘‘(4) the term ‘Agency’ means the Consumer Fi8 nancial Empowerment Agency;’’; 

9 (B) in section 916(d)(1), by striking ‘‘Bu10 reau of Consumer Financial Protection’’ and in11 serting ‘‘Consumer Financial Empowerment 

12 Agency’’; and 

13 (C) by striking ‘‘Bureau’’ each place that 

14 term appears in heading or text and inserting 

15 ‘‘Agency’’. 

16 (4) EQUAL CREDIT OPPORTUNITY ACT.—The 

17 Equal Credit Opportunity Act (15 U.S.C. 1691 et 

18 seq.) is amended— 

19 (A) in section 702 (15 U.S.C. 1691a), by 

20 amending subsection (c) to read as follows: 

21 ‘‘(c) The term ‘Agency’ means the Consumer Finan22 cial Empowerment Agency.’’; and 

23 (B) by striking ‘‘Bureau’’ each place that 

24 term appears in heading or text and inserting 

25 ‘‘Agency’’. 


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1 (5) EXPEDITED FUNDS AVAILABILITY ACT.— 

2 The Expedited Funds Availability Act (12 U.S.C. 

3 4001 et seq.) is amended— 

4 (A) by striking ‘‘Bureau of Consumer Fi5 nancial Protection’’ each place such term ap6 pears and inserting ‘‘Consumer Financial Em7 powerment Agency’’; and 

8 (B) in the heading of section 605(f)(1), by 

9 striking ‘‘BOARD AND BUREAU’’ and inserting 

10 ‘‘BOARD AND AGENCY’’. 

11 (6) FAIR AND ACCURATE CREDIT TRANS12 ACTIONS ACT OF 2003.—The Fair and Accurate 

13 Credit Transactions Act of 2003 (Public Law 108– 

14 159) is amended by striking ‘‘Bureau’’ each place 

15 such term appears in heading and text and inserting 

16 ‘‘Agency’’. 

17 (7) FAIR CREDIT REPORTING ACT.—The Fair 

18 Credit Reporting Act (15 U.S.C. 1681 et seq.) is 

19 amended— 

20 (A) by amending section 603(w) to read as 

21 follows: 

22 ‘‘(w) AGENCY.—The term ‘Agency’ means the Con23 sumer Financial Empowerment Agency.’’; and 


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1 (B) by striking ‘‘Bureau’’ each place such 

2 term appears, other than in sections 626 and 

3 603(v), and inserting ‘‘Agency’’. 

4 (8) FAIR DEBT COLLECTION PRACTICES ACT.— 

5 The Fair Debt Collection Practices Act (15 U.S.C. 

6 1692 et seq.) is amended— 

7 (A) by amending section 803(1) to read as 

8 follows: 

9 ‘‘(1) The term ‘Agency’ means the Consumer 

10 Financial Empowerment Agency.’’; and 

11 (B) by striking ‘‘Bureau’’ each place such 

12 term appears in heading or text and inserting 

13 ‘‘Agency’’. 

14 (9) FEDERAL DEPOSIT INSURANCE ACT.—The 

15 Federal Deposit Insurance Act (12 U.S.C. 1811 et 

16 seq.) is amended— 

17 (A) in the second paragraph (6) (with the 

18 heading ‘‘Referral to bureau of consumer finan19 cial protection’’) of section 8(t) (12 U.S.C. 

20 1818(t))— 

21 (i) in the paragraph heading, by strik22 ing ‘‘BUREAU OF CONSUMER FINANCIAL

23 PROTECTION’’; and inserting ‘‘CONSUMER

24 FINANCIAL EMPOWERMENT AGENCY’’; and 


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1 (ii) by striking ‘‘Bureau of Consumer 

2 Financial Protection’’ and inserting ‘‘Con3 sumer Financial Empowerment Agency’’; 

4 (B) by amending clause (vi) of section 

5 11(t)(2)(A) (12 U.S.C. 1821(t)(2)(A)(vi)) to 

6 read as follows: 

7 ‘‘(vi) The Consumer Financial Em8 powerment Agency.’’; 

9 (C) in section 18(x) (12 U.S.C. 1828(x)), 

10 by striking ‘‘Bureau of Consumer Financial 

11 Protection’’ each place such term appears and 

12 inserting ‘‘Consumer Financial Empowerment 

13 Agency’’; 

14 (D) by striking ‘‘Bureau’’ each place such 

15 term appears and inserting ‘‘Agency’’; and 

16 (E) in section 43(e) (12 U.S.C. 1831t(e)), 

17 by amending paragraph (5) to read as follows: 

18 ‘‘(5) AGENCY.—The term ‘Agency’ means the 

19 Consumer Financial Empowerment Agency.’’. 

20 (10) FEDERAL FINANCIAL INSTITUTIONS EXAM21 INATION COUNCIL ACT OF 1978.—The Federal Fi22 nancial Institutions Examination Council Act of 

23 1978 (12 U.S.C. 3301 et seq.) is amended— 

24 (A) in section 1004(a)(4), by striking 

25 ‘‘Consumer Financial Protection Bureau’’ and 


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1 inserting ‘‘Consumer Financial Empowerment 

2 Agency’’; and 

3 (B) in section 1011, by striking ‘‘Bureau 

4 of Consumer Financial Protection’’ and insert5 ing ‘‘Consumer Financial Empowerment Agen6 cy’’. 

7 (11) FINANCIAL INSTITUTIONS REFORM, RE8 COVERY, AND ENFORCEMENT ACT OF 1989.—The Fi9 nancial Institutions Reform, Recovery, and Enforce10 ment Act of 1989 (Public Law 101–73; 103 Stat. 

11 183) is amended— 

12 (A) in section 1112(b) (12 U.S.C. 3341), 

13 by striking ‘‘Bureau of Consumer Financial 

14 Protection’’ and inserting ‘‘Consumer Financial 

15 Empowerment Agency’’; 

16 (B) in section 1124 (12 U.S.C. 3353), by 

17 striking ‘‘Bureau of Consumer Financial Pro18 tection’’ each place such term appears and in19 serting ‘‘Consumer Financial Empowerment 

20 Agency’’; 

21 (C) in section 1125 (12 U.S.C. 3354), by 

22 striking ‘‘Bureau of Consumer Financial Pro23 tection’’ each place such term appears and in24 serting ‘‘Consumer Financial Empowerment 

25 Agency’’; and 


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1 (D) in section 1206(a) (12 U.S.C. 

2 1833b(a)), by striking ‘‘Federal Housing Fi3 nance Board’’ and all that follows through 

4 ‘‘Farm Credit Administration’’ and inserting 

5 ‘‘Federal Housing Finance Agency, the Con6 sumer Financial Empowerment Agency, and the 

7 Farm Credit Administration’’. 

8 (12) FINANCIAL LITERACY AND EDUCATION IM9 PROVEMENT ACT.—Section 513 of the Financial Lit10 eracy and Education Improvement Act (20 U.S.C. 

11 9702) is amended by striking ‘‘Bureau of Consumer 

12 Financial Protection’’ each place such term appears 

13 and inserting ‘‘Consumer Financial Empowerment 

14 Agency’’. 

15 (13) GRAMM-LEACH-BLILEY ACT.—Title V of 

16 the Gramm-Leach-Bliley Act (15 U.S.C. 6801 et 

17 seq.) is amended— 

18 (A) by striking ‘‘Bureau of Consumer Fi19 nancial Protection’’ each place such term ap20 pears and inserting ‘‘Consumer Financial Em21 powerment Agency’’; and 

22 (B) in section 505(a)(8) (15 U.S.C. 

23 6805(a)(8)), by striking ‘‘Bureau’’ and insert24 ing ‘‘Agency’’. 


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1 (14) HOME MORTGAGE DISCLOSURE ACT OF

2 1975.—The Home Mortgage Disclosure Act of 1975 

3 (12 U.S.C. 2801 et seq.) is amended— 

4 (A) by striking ‘‘Bureau of Consumer Fi5 nancial Protection’’ each place such term ap6 pears and inserting ‘‘Consumer Financial Em7 powerment Agency’’; 

8 (B) by striking ‘‘Bureau’’ each place such 

9 term appears and inserting ‘‘Agency’’; and 

10 (C) in section 303, by amending paragraph 

11 (1) to read as follows: 

12 ‘‘(1) the term ‘Agency’ means the Consumer Fi13 nancial Empowerment Agency;’’. 

14 (15) HOMEOWNERS PROTECTION ACT OF

15 1998.—Section 10(a)(4) of the Homeowners Protec16 tion Act of 1998 (12 U.S.C. 4909(a)(4)) is amended 

17 by striking ‘‘Bureau of Consumer Financial Protec18 tion’’ and inserting ‘‘Consumer Financial Empower19 ment Agency’’. 

20 (16) HOME OWNERSHIP AND EQUITY PROTEC21 TION ACT OF 1994.—Section 158(a) of the Home 

22 Ownership and Equity Protection Act of 1994 (15 

23 U.S.C. 1601 note) is amended by striking ‘‘Bureau’’ 

24 and inserting ‘‘Consumer Financial Empowerment 

25 Agency’’. 


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1 (17) INTERSTATE LAND SALES FULL DISCLO2 SURE ACT.—The Interstate Land Sales Full Disclo3 sure Act (12 U.S.C. 1701 et seq.) is amended— 

4 (A) by striking ‘‘Bureau of Consumer Fi5 nancial Protection’’ each place such term ap6 pears and inserting ‘‘Agency’’; 

7 (B) in section 1402, by amending para8 graph (12) to read as follows: 

9 ‘‘(12) ‘Agency’ means the Consumer Financial 

10 Empowerment Agency.’’; and 

11 (C) in section 1416, by striking ‘‘Bureau’’ 

12 each place such term appears and inserting 

13 ‘‘Agency’’. 

14 (18) REAL ESTATE SETTLEMENT PROCEDURES

15 ACT OF 1974.—The Real Estate Settlement Proce16 dures Act of 1974 (12 U.S.C. 2601 et seq.) is 

17 amended— 

18 (A) by striking ‘‘Bureau of Consumer Fi19 nancial Protection’’ each place such term ap20 pears and inserting ‘‘Consumer Financial Em21 powerment Agency’’; 

22 (B) by striking ‘‘Bureau’’ each place such 

23 term appears and inserting ‘‘Agency’’; and 

24 (C) in section 3, by amending paragraph 

25 (9) to read as follows: 


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1 ‘‘(9) the term ‘Agency’ means the Consumer Fi2 nancial Empowerment Agency.’’. 

3 (19) REVISED STATUES OF THE UNITED

4 STATES.—Section 5136C(b)(3)(B) of the Revised 

5 Statutes of the United States (12 U.S.C. 

6 25b(b)(3)(B)) is amended by striking ‘‘Bureau of 

7 Consumer Financial Protection’’ and inserting ‘‘Con8 sumer Financial Empowerment Agency’’. 

9 (20) RIGHT TO FINANCIAL PRIVACY ACT OF

10 1978.—The Right to Financial Privacy Act of 1978 

11 (12 U.S.C. 3401 et seq.) is amended— 

12 (A) by amending subparagraph (B) of sec13 tion 1101(7) (12 U.S.C. 3401(7)(B)) to read as 

14 follows: 

15 ‘‘(B) the Consumer Financial Empower16 ment Agency;’’; and 

17 (B) by striking ‘‘Bureau of Consumer Fi18 nancial Protection’’ each place such term ap19 pears in heading or text and inserting ‘‘Con20 sumer Financial Empowerment Agency’’. 

21 (21) S.A.F.E. MORTGAGE LICENSING ACT OF

22 2008.—The S.A.F.E. Mortgage Licensing Act of 

23 2008 (12 U.S.C. 5101 et seq.) is amended— 

24 (A) in section 1507, by striking ‘‘Bureau, 

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1 tion’’ each place such term appears and insert2 ing ‘‘Consumer Financial Empowerment Agen3 cy’’; 

4 (B) by striking ‘‘Bureau of Consumer Fi5 nancial Protection’’ each place such term ap6 pears and inserting ‘‘Consumer Financial Em7 powerment Agency’’; 

8 (C) by striking ‘‘Bureau’’ each place such 

9 appears, other than in sections 1505(a)(1), 

10 1507(a)(2)(A), and 1511(b), and inserting 

11 ‘‘Agency’’; 

12 (D) in section 1503, by amending para13 graph (1) to read as follows: 

14 ‘‘(1) AGENCY.—The term ‘Agency’ means the 

15 Consumer Financial Empowerment Agency.’’; 

16 (E) in the heading of section 1508, by 

17 striking ‘‘BUREAU OF CONSUMER FINAN18 CIAL PROTECTION’’ and inserting ‘‘CON19 SUMER FINANCIAL EMPOWERMENT AGEN20 CY’’; and 

21 (F) in the heading of section 1514, by 

22 striking ‘‘BUREAU’’ and inserting ‘‘AGENCY’’. 

23 (22) TELEMARKETING AND CONSUMER FRAUD

24 AND ABUSE PREVENTION ACT.—The Telemarketing 

25 and Consumer Fraud and Abuse Prevention Act (15 


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1 U.S.C. 6101 et seq.) is amended by striking ‘‘Bu2 reau of Consumer Financial Protection’’ each place 

3 such term appears in heading or text and inserting 

4 ‘‘Consumer Financial Empowerment Agency’’. 

5 (23) TITLE 5, UNITED STATES CODE.—Title 5, 

6 United States Code, is amended— 

7 (A) in section 552a(w)— 

8 (i) in the subsection heading, by strik9 ing ‘‘BUREAU OF CONSUMER FINANCIAL

10 PROTECTION’’ and inserting ‘‘CONSUMER

11 FINANCIAL EMPOWERMENT AGENCY’’; and 

12 (ii) by striking ‘‘Bureau of Consumer 

13 Financial Protection’’ and inserting ‘‘Con14 sumer Financial Empowerment Agency’’; 

15 (B) in section 609(d)(2), by striking ‘‘Con16 sumer Financial Protection Bureau of the Fed17 eral Reserve System’’ and inserting ‘‘Consumer 

18 Financial Empowerment Agency’’; and 

19 (C) in section 3132(a)(1)(D), by striking 

20 ‘‘Bureau of Consumer Financial Protection’’ 

21 and inserting ‘‘Consumer Financial Empower22 ment Agency’’. 

23 (24) TITLE 10, UNITED STATES CODE.— 

24 (A) SECTION 987.—Section 987(h)(3)(E) 

25 of title 10, United States Code, is amended by 


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1 striking ‘‘Bureau of Consumer Financial Pro2 tection’’ and inserting ‘‘Consumer Financial 

3 Empowerment Agency’’. 

4 (B) NDAA FY 2015.—Section 557(a) of 

5 the Carl Levin and Howard P. ‘‘Buck’’ McKeon 

6 National Defense Authorization Act for Fiscal 

7 Year 2015 (Public Law 113–29; 128 Stat. 

8 3381; 10 U.S.C. 1144 note), is amended by 

9 striking ‘‘Consumer Financial Protection Bu10 reau’’ each place such term appears and insert11 ing ‘‘Consumer Financial Empowerment Agen12 cy’’. 

13 (25) TITLE 44, UNITED STATES CODE.—Title 

14 44, United States Code, is amended— 

15 (A) in section 3502(5), by striking ‘‘the 

16 Bureau of Consumer Financial Protection,’’; 

17 and 

18 (B) in section 3513(c), by striking ‘‘Bu19 reau of Consumer Financial Protection’’ and in20 serting ‘‘Consumer Financial Empowerment 

21 Agency’’. 

22 (26) TRUTH IN LENDING ACT.—The Truth in 

23 Lending Act (15 U.S.C. 1601 et seq.) is amended— 

24 (A) by amending section 103(b) (15 U.S.C. 

25 1602(b)) to read as follows: 


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1 ‘‘(b) AGENCY.—The term ‘Agency’ means the Con2 sumer Financial Empowerment Agency.’’; 

3 (B) by amending section 103(c) (15 U.S.C. 

4 1602(c)) to read as follows: 

5 ‘‘(c) BOARD.—The term ‘Board’ means the Board of 

6 Governors of the Federal Reserve System.’’; 

7 (C) in section 128(f) (15 U.S.C. 1638(f)), 

8 by striking ‘‘Board’’ each place such term ap9 pears and inserting ‘‘Agency’’; 

10 (D) in sections 129B (15 U.S.C. 1639b) 

11 and 129C (15 U.S.C. 1639c), by striking 

12 ‘‘Board’’ each place such term appears and in13 serting ‘‘Agency’’; 

14 (E) in section 140A (15 U.S.C. 1651), by 

15 striking ‘‘in consultation with the Bureau’’ and 

16 inserting ‘‘in consultation with the Federal 

17 Trade Commission’’; 

18 (F) by striking ‘‘Bureau’’ each place such 

19 term appears in heading or text and inserting 

20 ‘‘Agency’’; and 

21 (G) by striking ‘‘BUREAU’’ and inserting 

22 ‘‘AGENCY’’ in the paragraph headings for— 

23 (i) section 122(d)(2) (15 U.S.C. 

24 1632(d)(2)); 


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1 (ii) section 127(c)(5) (15 U.S.C. 

2 1637(c)(5)); 

3 (iii) section 127(r)(3) (15 U.S.C. 

4 1637(r)(3)); and 

5 (iv) section 127A(a)(14) (15 U.S.C. 

6 1637a(a)(14)). 

7 (27) TRUTH IN SAVINGS ACT.—The Truth in 

8 Savings Act (12 U.S.C. 4301 et seq.) is amended— 

9 (A) by amending paragraph (4) of section 

10 274 (12 U.S.C. 4313(4)) to read as follows: 

11 ‘‘(4) AGENCY.—The term ‘Agency’ means the 

12 Consumer Financial Empowerment Agency.’’; 

13 (B) by striking ‘‘National Credit Union 

14 Administration Bureau’’ each place such term 

15 appears and inserting ‘‘National Credit Union 

16 Administration Board’’; and 

17 (C) by striking ‘‘Bureau’’ each place such 

18 term appears and inserting ‘‘Agency’’, except in 

19 section 233(b)(4)(B). 

20 SEC. 3. BRINGING THE AGENCY INTO THE REGULAR AP21 PROPRIATIONS PROCESS. 

22 Section 1017 of the Consumer Financial Protection 

23 Act of 2010 (12 U.S.C. 5497) is amended— 

24 (1) in subsection (a)— 


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1 (A) by amending the heading of such sub2 section to read as follows: ‘‘BUDGET, FINAN3 CIAL MANAGEMENT, AND AUDIT.—’’; 

4 (B) by striking paragraphs (1), (2), and 

5 (3); 

6 (C) by redesignating paragraphs (4) and 

7 (5) as paragraphs (1) and (2), respectively; and 

8 (D) by striking subparagraphs (E) and (F) 

9 of paragraph (1), as so redesignated; 

10 (2) by striking subsections (b) and (c); 

11 (3) by redesignating subsections (d) and (e) as 

12 subsections (b) and (c), respectively; and 

13 (4) in subsection (c), as so redesignated— 

14 (A) by striking paragraphs (1), (2), and 

15 (3) and inserting the following: 

16 ‘‘(1) AUTHORIZATION OF APPROPRIATIONS.— 

17 There are authorized to be appropriated such sums 

18 as may be necessary to carry out this title for each 

19 of fiscal years 2024 and 2025.’’; and 

20 (B) by redesignating paragraph (4) as 

21 paragraph (2). 

Æ 


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