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Holland & Knight LLP

CFPB Budget Slashed by Almost 50 Percent as Trump Signs One Big Beautiful Bill Act

Holland & Knight LLP on

President Donald Trump on July 4, 2025, signed into law the One Big Beautiful Bill Act (OBBB), sweeping legislation that has direct impacts on the future of the CFPB. The final bill reduces the CFPB's operating budget from 12...more

Ballard Spahr LLP

Budget bill includes huge cuts to CFPB budget

Ballard Spahr LLP on

The budget bill signed by President Trump on July 4 will make massive cuts to the CFPB’s budget. The huge bill changes the amount that the CFPB may receive from the Federal Reserve from a maximum of 12% of the Fed’s...more

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