H.R. 814, titled the “Defund the CFPB Act”, proposes to amend the Consumer Financial Protection Act of 2010 to restrict the Director of the Bureau of Consumer Financial Protection from requesting any funding to facilitate the Bureau’s activities. Specifically, it changes the...
Simple Explanation
H.R. 814 is a bill that wants to stop giving any money to a group called the CFPB, which helps keep people safe from unfair money tricks. If this happens, the CFPB won't be able to do its job to protect people with their money.