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New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an impact.
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding ...
The parliamentarian said that moves to zero out the CFPB budget will require 60 votes and not a simple majority, complicating the path ahead.
The huge FY26 budget reconciliation bill, H.R. 1, dubbed the “One Big Beautiful Bill Act,” contains provisions that would slash CFPB spending.
By LISA MASCARO, KEVIN FREKING and JOEY CAPPELLETTI WASHINGTON (AP) — Capping a tumultuous night, the Republican-controlled Senate advanced President Donald Trump’s package of tax ...
The House debated a bill to reverse Trump administration changes to the Consumer Financial Protection Bureau (CFPD). The measure would put CFPB oversight and regulatory responsibilities into law.
White House budget director Russ Vought, also CFPB acting director, advised the bureau’s workers to stay home. UPI “Please do not perform any work tasks.
Foxx’s amendment, added to the bill at the House Rules Committee before it reached the House floor, would cap CFPB funding at $550 million — $36 million less than the Congressional Budget ...