NEW YORK (AP) — 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 ...

The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get ...

President Trump signed a so-called big beautiful bill on July 4 that nearly halves annual funding for the Consumer Financial ...

Republican provisions to slash funding for the Consumer Financial Protection Bureau and other financial watchdogs violate ...

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

Fireworks exploding near the White House and Capitol Hill during Fourth of July were more than just recognizing Independence ...

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 ...

But in the latest version of the bill to come out of the Senate Banking Committee, the CFPB’s funding would be cut from 12% of the Federal Reserve’s profits to 6.5% of the central bank’s ...

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 AGs want a federal judge to order a halt to the administration’s efforts to cut CFPB funding. Russell Vought, director of the White House’s Office of Management and Budget, has targeted ...

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 ...

The huge FY26 budget reconciliation bill, H.R. 1, dubbed the “One Big Beautiful Bill Act,” contains provisions that would slash CFPB spending.