H.R. 10184

Consumer Financial Protection Accountability and Reform Act of 2026

Sponsor: Andy Barr

30 cosponsors
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I Reforming Bureau Governance

II Restoring Legal Clarity and Procedural Fairness

III Promoting Innovation in Consumer Financial Markets

IV Promoting Effective, Predictable Supervision

Sec. 401. Asset thresholds for supervision of banks, savings associations, and credit unions by the Bureau of Consumer Financial Protection

(a) In general. Section 1025(a) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5515(a)) is amended—

(1) by striking This and inserting the following:

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(1) Thresholds. This

(2) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively (and adjusting the margins of such subparagraphs accordingly);

(3) by striking $10,000,000,000 each place it appears and inserting $30,000,000,000; and

(4) by adding at the end the following:

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(2) Periodic adjustments to thresholds

(A) In general. By April 1, 2031, and the 1st day of each subsequent 5-year period, the Bureau shall—

(i) increase the thresholds described in paragraph (1) by the ratio, if greater than 1, of the annual value of the current-dollar United States gross domestic product, published by the Department of Commerce, for the calendar year preceding the year in which the adjustment is calculated under this subsection, to the published value of such index for the calendar year preceding April 1, 2026; and

(ii) publish such increase in the Federal Register.

(B) Rounding. The amount of an increase calculated under subparagraph (A) shall be rounded to the nearest $1,000,000,000.

(C) Effective date. Any increase determined under this paragraph shall take effect on January 1 of the year immediately succeeding the calendar year in which the increase is determined.

(b) Conforming amendments. Section 1026 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5516) is amended by amending subsection (a) to read as follows:

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(a) Scope of coverage. This section shall apply to any covered person that is an insured depository institution or an insured credit union not described in section 1025(a).

V Preventing Regulation by Enforcement