On June 19, the U.S. Senate Committee on the Budget issued an update on the Senate Parliamentarian’s ruling that the provision in HR 1, the “One Big Beautiful Bill Act,” to eliminate all funding the CFPB may request would...more
Jonathan McKernan, President Trump’s nominee to head the CFPB, pledged that the agency would “implement and enforce the federal consumer financial laws and perform each of its other statutorily assigned functions.”...more
Last week, the United State Senate passed bipartisan legislation designed to substantially amend the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”). Originally drafted by Senate Banking...more