Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an impact.

The One Big Beautiful Bill Act (OBBBA) is facing criticism for its $3.3 trillion debt impact and potential harm to consumer ...

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 ...

Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...

The legislation, which now moves to the House, would have a tiny impact on the nation's rising debt but could have major ...

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 to ...

Sen. Mike Rounds (R-S.D.) stated on June 23, 2025, that though changes to the provisions of the bill concerning budget cuts to the CFPB have "not been confirmed yet," as they do not have a final ...

Senate ‘referee’ says CFPB funding can’t be cut through budget reconciliation A proposal to zero out the CFPB budget will require 60 votes and not a simple majority, complicating the path ...

Trump has fired the CFPB’s director. Its acting replacement, Office of Management and Budget director Russell Vought, ordered all employees to stop work earlier this week, effectively suspending ...

Trump Administration Overhauls CFPB’s Mission, Proposes Budget Cuts White House budget calls for reducing ‘wasteful spending’ at consumer regulator By Yuka Hayashi ...

The Consumer Financial Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's regulatory objectives with a smaller workforce.