On July 4, the “One Big Beautiful Bill Act,” was signed into law, which includes a provision to reduce the cap on the CFPB’s annual funding. The bill lowers the cap from 12% to 6.5% of the Federal ...

The union representing the Consumer Financial Protection Bureau in their suit against mass firings at the agency said the ...

Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...

A tax and spending package Trump signed July 4 nearly halves the watchdog’s annual funding. Resources may be stretched to ...

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 ...

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

Senate passes reconciliation bill 51-50, with Vice President Vance casting tie-breaking vote, threatening healthcare, ...

The CFPB has long survived existential threats, including a few court cases that challenged its constitutionality. However, the Trump administration's cuts are its biggest test yet, and it’s becoming ...

Senate Republicans were closing in Monday on passing their version of the “big beautiful” tax break and spending cut bill ...

The Senate Republicans’ move comes after their original proposal to cut the CFPB’s budget to zero was ruled in violation of Senate rules by the Senate Parliamentarian. Congressional Republicans are ...

The U.S. Senate's nonpartisan referee has allowed Republicans to proceed with a measure to slash funding for the government's top watchdog agency for consumer finance by almost half, a week after ...