The Consumer Financial Protection Bureau (CFPB) is one of the most powerful federal agencies in Washington, D.C., and it’s made even more dangerous by a lack of accountability and congressional oversight, according to U.S. Senator Mike Enzi, R-Wyo.

Enzi recently cosponsored several pieces of legislation to make the CFPB more accountable to taxpayers. He is also cosponsoring legislation that would rein in the agency’s aggressive examination process for community banks.

“The CFPB has too much power and astonishingly little accountability to Congress,” Enzi said. “Controlling its spending and ensuring proper supervision are Congress’s basic oversight responsibilities and the least we can do to hold this agency accountable.”

The legislation Enzi cosponsored includes:

• The Consumer Financial Protection Bureau Accountability Act of 2015, which would change the source of the CFPB’s funding from the Federal Reserve to annual appropriations under the supervision of Congress, potentially cutting spending by $6.1 billion over 10 years. Senator David Perdue, R-Ga., introduced the bill.

• The Bureau of Consumer Financial Protection-Inspector General Reform Act of 2015 would require the CFPB have its own inspector general that would be confirmed by the Senate. Senator Rob Portman, R-Ohio, introduced the bill.

• The Financial Institutions Examination Fairness and Reform Act would make changes to the examination process for financial institutions by requiring regulatory agencies to issue examination determinations more promptly, and give banks and other supervised financial institutions the right to have those determinations reviewed through an independent appeals process. Senator Jerry Moran, R-Kan., introduced the bill.