The main purpose of this legislation is to significantly reduce the funding available to the Bureau of Consumer Financial Protection (CFPB). Specifically, it aims to limit the amount that the Director of the CFPB can request for the Bureau's operations to zero dollars. This is intended to effectively defund the Bureau, which was established to oversee and enforce consumer protection laws in the financial sector. Key provisions of this legislation include an amendment to the Consumer Financial Protection Act of 2010.