Missouri legislation · 2025 Regular Session
Missouri HR116: CONSUMER FINANCIAL PROTECTION BUREAU
Status: Introduced, May 15, 2025
Urges the reform or abolishment of the Consumer Financial Protection Bureau
What the bill says
From the introduced text:
FIRST REGULAR SESSION HOUSE RESOLUTION NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE OWEN. 2412H.01I JOSEPHENGLER,ChiefClerk WHEREAS, the Constitution of the United States and the Constitution of Missouri establish systems of checks and balances by dividing governmental powers between the executive, the legislative, and judicial branches; and WHEREAS, the federal Consumer Financial Protection Bureau was established under the Dodd-Frank Act of 2010 in such a manner as to unduly concentrate powers of government in a single agency; and WHEREAS, the Consumer Financial Protection Bureau operates under the direction of a single director appointed by the President of the United States; and WHEREAS, the single-director structure of the Consumer Financial Protection Bureau leads to a loss of continuity, consistency, and accountability for policy and law over the course of years and a lack of balance in the performance of duties; and WHEREAS, the conduct of the Consumer Financial Protection Bureau has increased the costs of financial services, reduced the availability of financial services, and reduced the utility of financial services without preserving protections for consumers: NOW THEREFORE BE IT RESOLVED that the members of the House of Representatives of the One Hundred Third General Assembly, First Regular Session, hereby urge Congress to abolish or reform the Consumer Financial Protection Bureau; and BE IT FURTHER RESOLVED that if abolished, the duties and responsibilities …
Sponsors
- Bill Owen (R, 131) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Offered (H)
Common questions
- What is HR116?
- HR116 is a bill in the Missouri Legislature (2025 Regular Session): CONSUMER FINANCIAL PROTECTION BUREAU.
- What does HR116 do?
- Urges the reform or abolishment of the Consumer Financial Protection Bureau
- What is the status of HR116?
- Introduced as of May 15, 2025. Latest action: Referred: Emerging Issues(H) (May 15, 2025).
- Who sponsored HR116?
- Bill Owen (R, 131).
- Where is the official record for HR116?
- On the Missouri Legislature website: https://house.mo.gov/bill.aspx?bill=HR116&year=2025&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.