News & Analysis as of July 17, 2025

Budget Reconciliation

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Budget bill includes huge cuts to CFPB budget

Ballard Spahr LLP on 7/8/2025

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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Budget bill includes huge cuts to CFPB budget

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