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

The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...

The Consumer Financial Protection Bureau is sending nearly $5 million to the Office of Management and Budget to pay for a security detail for Russell Vought, who currently leads both agencies.

If approved, the measure would cut maximum CFPB funding to 6.5% of the Federal Reserve's earnings from 12%, meaning the agency would likely employ many fewer people and have a more limited reach.

The Financial Literacy and Education Commission (FLEC) coordinates these efforts across 24 federal agencies, with the U.S.

The CFPB currently can ask for up to 12 percent of the Fed’s operating expenses in 2009. The reconciliation measure would reduce that cap to zero.

Senate Parliamentarian Elizabeth MacDonough ruled out key provisions in President Trump's agenda due to Byrd Rule violations, affecting Consumer Financial Protection Bureau and other key cuts.

President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly ...

The CFPB has also scrapped or revised settlements it had already concluded with Toyota and a payments processor, meaning about $50 million in redress payments will never be made, the statement said.

said Parliamentarian Elizabeth MacDonough had ruled that a measure to lower the legal cap on CFPB funding could be approved by a simple majority vote, paving the way for its inclusion in a sweeping ...

If approved, the measure would cut maximum CFPB funding to 6.5% of the Federal Reserve's earnings from 12%, meaning the agency would likely employ many fewer people and have a more limited reach.

If approved, the measure would cut maximum CFPB funding to 6.5% of the Federal Reserve's earnings from 12%, meaning the agency would likely employ many fewer people and have a more limited reach.