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House Financial Services Committee approves bill to rein in CFPB budget 

Apr 13, 2016By

The Consumer Financial Protection Bureau, long a target of Republicans on Capitol Hill, is in the crosshairs again, as the House Financial Services Committee approved a bill Wednesday that would bring the CFPB’s budget under Congressional oversight. The CFPB’s budget currently comes from the Federal Reserve, which has no oversight of the bureau.

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Updated 11 months ago