Civil Investigative Demand Reform Act of 2025

Key Points

• This bill sets a 6-year time limit for the Consumer Financial Protection Bureau to start an investigation. This means the agency cannot demand documents or information about potential legal violations that happened more than six years in the past.
• The agency would be required to provide specific facts when they start an investigation. Instead of making broad or vague requests for information, they must clearly explain what they are looking into and why.
• It gives businesses more ways to challenge the government. If a company thinks an investigation is too expensive, asks for too much, or repeats information the agency already has, they can ask a judge to step in and stop or change the request.
• The bill creates a formal process for lawyers to ask the agency questions about the scope of an investigation. The agency would generally have to respond to these questions within 20 days to ensure the process moves fairly.
• Any requests made by a company to change or cancel an investigation would be kept confidential. This prevents a company's reputation from being harmed by public records before the government has actually proven any wrongdoing.

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