Justine Potter

Justine Potter

Goodwin

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Senate Banking Committee Proposes Bill That Would Eliminate CFPB Federal Reserve Funding

In June 2025, the Senate Banking Committee introduced a version of the “One Big, Beautiful Bill” that would eliminate the CFPB’s Federal Reserve funding. The CFPB can currently receive funds of up to 12% of the Federal...more

6/16/2025  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Consumer Protection Laws , Federal Funding , Federal Reserve , Financial Regulatory Reform , Proposed Legislation , Senate Banking Committee
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