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

V Preventing Regulation by Enforcement

Sec. 501. Civil Money Penalties

(a) In general. Section 1055(c) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5565(c)), is amended—

(1) in paragraph (2)—

(A) in subparagraph (B), in the heading, by striking Second tier and inserting First tier;

(B) in subparagraph (C)—

(i) in the heading, by striking Third tier and inserting Second tier; and

(ii) by striking $1,000,000 and inserting $50,120;

(C) by striking subparagraph (A); and

(D) by redesignating subparagraphs (B) and (C) as subparagraphs (A) and (B), respectively; and

(2) in paragraph (3)—

(A) in subparagraph (D), by striking and at the end;

(B) by redesignating subparagraph (E) as subparagraph (F); and

(C) by inserting after subparagraph (D) the following:

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(E) whether the person charged self-reported the violation; and

(b) Rulemaking. The Bureau of Consumer Financial Protection shall, not later than 180 day after the date of the enactment of this section, issue a rule that—

(1) implements the amendments made by this section; and

(2) establishes policies and procedures relating to how the Bureau of Consumer Financial Protection will reduce civil monetary penalties based on the presence of mitigation factors described in section 1055(c)(3) of the Consumer Financial Protection Act of 2010, as amended by subsection (a)(2).

(c) Civil money penalty matrix. Section 1055(c) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5565(c)) is amended by adding at the end the following:

Text this section adds to the law

(6) Civil money penalty matrix. The Bureau may, by rule, establish and periodically revise a civil money penalty matrix or schedule to promote consistency and predictability in the assessment of civil money penalties under this subsection. Any such matrix or schedule may take into account the factors described in paragraph (3) and may not authorize a penalty in excess of the applicable maximum amount specified in paragraph (2).