H.R. 1653, also known as the “Civil Investigative Demand Reform Act of 2025,” aims to revise how the Bureau of Consumer Financial Protection issues civil investigative demands. The bill proposes changes such as limiting the demand period to within six years of a violation and...
Simple Explanation
H.R. 1653 wants to change how a special government group checks if people or companies are following the rules about money. It says the group should be quicker to respond, keep some secrets, and let judges help if there's a problem.