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 ...

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Donald Trump’s “Big Beautiful Bill ...

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 to ...

Key Points ・The Senate parliamentarian has ruled that defunding the Consumer Financial Protection Bureau (CFPB) through budget reconciliation violates the Byrd Rule, meaning it will require 60 ...

Senate ‘referee’ says CFPB funding can’t be cut through budget reconciliation. A proposal to zero out the CFPB budget will require 60 votes and not a simple majority, complicating the path ...

But the most tense moments of the hearing still centered — once again — around the funding structure of the bureau. While the Supreme Court ruled that the CFPB's funding structure is constitutional, ...

The new plan would cap the CFPB’s access to funding at 6.5% of the Federal Reserve operating budget, decreased from its current limit of 12%. Senate Banking Committee Chairman Tim Scott, R-SC ...

Senate Banking ranking member Elizabeth Warren, D-Mass., said Thursday she would fight the CFPB provision, including by calling a point of order on the Senate floor. The Senate parliamentarian ...

Republicans in the Senate proposed zeroing-out funding for the CFPB, the landmark agency set up in the aftermath of the 2008 financial crisis, to save $6.4 billion.

The CFPB's estimated operating budget for the 2024 fiscal year was $684.9 million. "Congress has a mandate to deliver President Trump's agenda for the American people — and that means streamlining the ...

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 to ...

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 ...