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
(a) In general. Section 1022 of the Consumer Financial Protection Act (12 U.S.C. 5512) is amended by adding at the end the following:
(e) Periodic adjustment for asset-Based thresholds in regulations
(1) In general. For each asset-based threshold established by regulation and contained in a regulation issued by the Bureau under a Federal consumer financial law, the Bureau shall, by rule, adjust such threshold every 5 years 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.
(2) Rounding. Each threshold adjustment made pursuant to paragraph (1) shall be rounded—
(A) to the nearest $1,000,000, for thresholds equal to or greater than $1,000,000,000;
(B) to the nearest $100,000, for thresholds equal to or greater than $100,000,000 but less than $1,000,000,000; and
(C) to the nearest $10,000, for thresholds less than $100,000,000.
(3) Asset-based threshold defined. In this subsection, the term asset-based threshold means any threshold, expressed as a dollar amount of total assets of a covered person, that determines the applicability of a regulation issued by the Bureau.
(b) Initial identification of thresholds. Not later than 1 year after the date of enactment of this Act, the Bureau of Consumer Financial Protection shall—
(1) identify each asset-based threshold described in section 1022(e) of the Consumer Financial Protection Act; and
(2) publish in the Federal Register a list of all such thresholds, including the original amount of each such threshold, the date on which such threshold was established, and the regulation in which such threshold appears.
(c) Initial indexing of thresholds. As soon as practicable after publishing the thresholds described in subsection (b), the Bureau shall, by rule, and subject to the rounding requirements in section 1022(e)(2) of the Consumer Financial Protection Act, adjust each such threshold to reflect the percentage change in the Consumer Price Index for All Urban Consumers, or any successor index, published by the Bureau of Labor Statistics, between—
(1) the date on which the threshold was originally established in regulation; and
(2) the date on which the Bureau publishes the list required under subsection (b).