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 ...

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

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.