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New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
The "big, beautiful bill" will add trillions to the national debt through tax cuts, and millions of people could lose their health insurance.
The One Big Beautiful Bill Act (OBBBA) is facing criticism for its $3.3 trillion debt impact and potential harm to consumer ...
On July 4, the “One Big Beautiful Bill Act,” was signed into law, which includes a provision to reduce the cap on the CFPB’s ...
Republicans are nearing their biggest win ever in a years-long push to defang the Consumer Financial Protection Bureau.
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts The Consumer Financial Protection Bureau was created to police potential bad actors in the financial services ...
One week after the Senate parliamentarian struck down efforts to zero out CFPB funding, lawmakers released a scaled-back proposal.
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump’s “Big Beautiful Bill,” which is likely to lead ...
But in the latest version of the bill to come out of the Senate Banking Committee, the CFPB’s funding would be cut from 12% of the Federal Reserve’s profits to 6.5% of the central bank’s profits. The ...