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H.R. 1653, the Civil Investigative Demand Reform Act of 2025, advanced out of committee on September 16, 2026.

H.R. 1653 — Civil Investigative Demand Reform Act of 2025

Transparency & Ethics

What it does

This bill restricts the Consumer Financial Protection Bureau's (CFPB) power to issue civil investigative demands—subpoena-like orders requiring companies to produce documents and answer questions during investigations. It imposes a 6-year statute of limitations on investigations, requires the CFPB to respond to attorney questions about demand scope within 20 days, allows companies to petition the CFPB to narrow or dismiss demands on grounds of burden or duplication, and makes the CFPB's denial of such petitions subject to judicial review. The bill also protects the confidentiality of companies' petitions challenging demands.

Quorum's transparency scan gave Civil Investigative Demand Reform Act of 2025 a high transparency warning.

What happens next

H.R. 1653 advanced out of committee. Next stop: a floor vote.

Who is behind it

Filed by Andy Barr. Cosponsored by Ann Wagner, Daniel Meuser, Jared Moskowitz and Tim Moore.

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: CONGRESS.GOV BILL TEXT · QUORUM BILL TRANSPARENCY ANALYSIS

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