H.R. 10184
Consumer Financial Protection Accountability and Reform Act of 2026
Sponsor: Andy Barr
30 cosponsors
- Ken Calvert
- Andrew Ogles
- Andrew R. Garbarino
- Ann Wagner
- Barry Loudermilk
- Bill Huizenga
- Bryan Steil
- Byron Donalds
- Daniel Meuser
- Frank D. Lucas
- J. French Hill
- John W. Rose
- Lisa C. McClain
- Maria Elvira Salazar
- Marlin A. Stutzman
- Michael Lawler
- Mike Flood
- Mike Haridopolos
- Monica De La Cruz
- Pete Sessions
- Ralph Norman
- Roger Williams
- Scott Fitzgerald
- Tim Moore
- Tom Emmer
- Troy Downing
- Warren Davidson
- William R. Timmons IV
- Young Kim
- Zachary Nunn
Official summary
No official summary yet.
Text of the bill
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
Section 1042 of the Consumer Financial Protection Act (12 U.S.C. 5552) is amended—
(1) in subsection (a)—
(A) in paragraph (1), by striking Except as provided in paragraph (2) and inserting Except as provided in paragraphs (2) and (4); and
(B) by adding at the end the following:
(4) Prohibition on enforcement. An attorney general (or the equivalent thereof) of any State may not bring a civil action in the name of such State in any district court of the United States in that State or in State court that is located in that State and that has jurisdiction over the defendant, to enforce provisions of this title or regulations issued under this title, if the Bureau has provided written notice to the attorney general (or the equivalent thereof) that the Bureau has brought or intends to bring an action to enforce this title or regulations issued under this title against the same entity for violations arising from the same conduct or fact pattern.
(5) Application of limitations. If an attorney general (or the equivalent thereof) of any State brings a civil action in the name of such State in any district court of the United States in that State or in State court that is located in that State and that has jurisdiction over the defendant, to enforce provisions of this title or regulations issued under this title such attorney general (or the equivalent thereof) shall be subject to the same limitations on authorities as are applied to the Bureau under section 1027 and section 1029.
(2) in subsection (b)(2)—
(A) by redesignating subparagraphs (A), (B), and (C) as subparagraphs (B), (C), and (D), respectively; and
(B) by striking the Bureau may— and inserting the Bureau may—
(A) notify the attorney general (or the equivalent thereof) that the Bureau has brought or intends to bring an action to enforce this title or regulations issued under this title against the same entity for violations arising from the same conduct or fact pattern;
; and
(3) by adding at the end the following:
(e) Rule of construction. Nothing in this section may be construed to permit a State to enforce to provisions of any Federal consumer financial laws other than the provisions of this title or regulations issued under this title.