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Sen. Cruz Introduces Legislation to Defund the CFPB and Restore Congressional Oversight
January 29, 2025
WASHINGTON, Jan. 29 -- Sen. Ted Cruz, R-Texas, issued the following news release:

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Sen. Cruz Introduces Legislation to Defund the CFPB and Restore Congressional Oversight

WASHINGTON, D.C. - U.S. Sen. Ted Cruz (R-Texas) introduced the Defund the CFPB Act, which would zero out transfer payments from the Federal Reserve to the Consumer Financial Protection Bureau (CFPB).

Upon introduction, Sen. Cruz said, "The CFPB is an unelected, unac . . .

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