Senate Official Blocks CFPB Defunding in Trump’s Megabill

Senate official blocks CFPB defunding in Trump’s megabill

Measures to defund the CFPB, and to reduce salaries at the Fed, fall outside the limits of reconciliation, Senate parliamentarian Elizabeth MacDonough ruled Thursday.

Republican Plan to Zero Out Consumer Bureau Hits a Wall

Republicans suffered a sizable setback Friday on one key aspect of President Trump's big bill after their plans to gut the Consumer Financial Protection Bureau and other provisions from the Senate Banking Committee ran into procedural violations with the Senate parliamentarian. Senate Republicans proposed zeroing-out funding for the CFPB, the...

CFPB avoids GOP defunding in Trump bill

A Senate official decided that Republicans can't nix the Consumer Financial Protection Bureau in their big bill

US Senate Referee Rules Against Cuts to CFPB, Financial Regulators in ...

Elimination of CFPB and Other Financial Agencies Tossed Out of Budget Bill

The repeal of the EPA’s fuel emissions standards also got the axe, because of the ‘Byrd Rule,’ which blocks policy decisions from budget reconciliation.

Senate Parliamentarian Deals Setback to Proposal to Defund CFPB

Republicans’ plan to defund the Consumer Financial Protection Bureau (CFPB) has suffered a setback by the Senate parliamentarian.