News

Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
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.
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 ...
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.
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 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 ...