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Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an ...
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
Though the impact of the CFPB's budget cut is yet to be seen, Democrats and Republicans have taken opposing stances on the ultimate implications that will occur.
The "big, beautiful bill" will add trillions to the national debt through tax cuts, and millions of people could lose their ...
Republicans are nearing their biggest win ever in a years-long push to defang the Consumer Financial Protection Bureau.
Senate passes reconciliation bill 51-50, with Vice President Vance casting tie-breaking vote, threatening healthcare, ...
Senate Republicans, led by Ted Cruz, will aim to “zero out” the Federal Reserve’s budget allocation for the CFPB January 30, 2025, 2:58pm by Chris Clow News > Regulatory ...
The Consumer Financial Protection Bureau As its name suggests, it was designed to help protect consumers from financial exploitation. But on Feb. 7, 2025, Elon Musk tweeted “CFPB RIP” on X .
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 ...
Saul Loeb/AFP via Getty Images (WASHINGTON) — The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard Americans against ...
While DOGE claims these cuts are necessary to curb wasteful spending, critics argue they could disrupt essential housing services. With conflicting figures, unanswered questions, and growing scrutiny ...
A view of the Consumer Financial Protection Bureau (CFPB) headquarters building in Washington, Feb. 10, 2025. Saul Loeb/AFP via Getty Images Here is what to know about the agency and its work.