Advancing American Freedom issued the following statement in support of the Taking Account of Bureaucrats’ Spending (TABS) Act, which would place the Consumer Financial Protection Bureau (CFPB) under the regular appropriations process, ensuring it is subject to government oversight.
“Government bureaucracies spend too much money with little oversight of how this money is being used,” said Paul Teller, Executive Director of AAF. “This bill would hold accountable the CFPB in its unchecked efforts to introduce regulations that cripple industries and economic growth. AAF applauds Congressman Barr for leadership on this issue and looks forward to working with Republicans in Congress to rein in the Biden administration’s rapidly expanding administrative state.”