New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...

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 ...

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 ...

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 ...

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 ...

The U.S. House of Representatives has passed an extensive budget reconciliation bill that would reduce the CFPB budget by 70 percent. In a 215-214 vote along party lines, the budget cut first ...

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 ...

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 ...

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