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Senate Banking Committee Regulatory Reform Budget Cuts

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

Holland & Knight LLP

CFPB Budget Cuts Blocked by Senate Parliamentarian

Holland & Knight LLP on

Senate Parliamentarian Elizabeth MacDonough ruled that the Trump Administration and congressional Republicans cannot use the pending budget reconciliation bill to eliminate funding to the CFPB in a June 23, 2025,...more

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