“Section 1017(a)(2)(A)(iii) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)(A)(iii)) is amended by striking "12" and inserting "6.5".”
The section strikes the number 12 and inserts 6.5 in section 1017(a)(2)(A)(iii) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)(A)(iii)). That older provision is not indexed here, so this record states the change and stops.
What the document actually says
“Section 1017(a)(2)(A)(iii) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)(A)(iii)) is amended by striking "12" and inserting "6.5".”
That sentence, in plain words
The number 12 is taken out of a 2010 law. The number 6.5 is put in.
What this is about
That number sits in the cap on the bureau's funding. Cutting it in about half lowers the ceiling. The older law is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 30001, 139 Stat. 126 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The number in the consumer bureau's funding cap drops from 12 to 6.5,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 30001, Sec. 30001. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec30001-cap/ (retrieved August 26, 2026).
Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.
How to Read This Page
The quotation is the document's own words, exactly as printed, and we check the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
