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The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...
In its response, the CFPB did not address the constitutionality of its funding structure but argued that the defendants’ intention to challenge the CFPB’s funding mechanism could have been ...
A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...
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 ...
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau’s funding by nearly ... the CFPB’s funding would be cut from 12% of the Federal Reserve’s profits to 6.5% ...
Sen. Tim Scott (R-S.C.) had sought to zero out the funding that the CFPB receives from the Federal Reserve, its primary budget source as codified in the Dodd-Frank Act.
The CFPB's funding limit, which is adjusted each year for inflation, is $823 million for the 2025 fiscal year, which ends Sept. 30, according to the Congressional Research Service. (It has risen ...
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