Repeals the law that created the Consumer Financial Protection Bureau (CFPB) and resets all affected laws to the way they were before 2010. This would end the CFPB’s federal rulemaking, supervision, enforcement, and consumer complaint functions.

All consumer finance laws changed by the 2010 act would return to their earlier versions, and the pre‑2010 federal regulators would again handle those duties. The text does not set an effective date or include a transition plan, leaving significant uncertainty about which rules remain in force and how ongoing cases and oversight would be handled.