This bill would limit how much unspent money the Consumer Financial Protection Bureau (CFPB) can hold onto each year. Specifically, the CFPB would be allowed to keep only 5 percent of its annual budget as unobligated balances—money that has been appropriated but not yet spent. Any amount above that threshold would be transferred back to the U.S. Treasury's general fund. The bill also requires the CFPB to provide detailed reports explaining how it uses any unobligated balances. This legislation affects the CFPB's financial management and budgeting practices but does not establish new funding amounts or specific implementation timelines beyond requiring compliance going forward.
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