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Consumer Financial Protection Bureau headquarters in Washington, D.C.Credit union groups have long supported restructuring the way the CFPB functions and how it’s funded. On Thursday, a bill was introduced in the House of Representatives that would subject the CFPB to the congressional appropriations process – a move credit union lobbyists said is one of the most important items on their check lists in 2025.
Rep. Andy Barr (R-Ky.) officially introduced the Taking Account of Bureaucrats’ Spending (TABS) Act on Thursday, which included making big changes to the Bureau.
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