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Senate Passes Budget Bill With Devastating Cut to CFPB's Funding
July 02, 2025
YONKERS, New York, July 2 -- Consumer Reports posted the following news release:

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Senate passes budget bill with devastating cut to CFPB's funding

Bill slashes CFPB's budget nearly in half and leaves consumers vulnerable to fraud and abuse

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WASHINGTON DC - The Senate narrowly approved the budget reconciliation bill today, which included a provision that cuts the funding for the Consumer Financial Protection Bureau . . .

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