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"By locking in a 12% funding floor and making disbursements mandatory, this bill ensures that invented legal theories cannot sideline the #CFPB from protecting people from financial predators," said @adamrust.bsky.social, director of financial services for CFA
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All 11 Democrats on the Senate Banking Committee are backing a bill that would restore and lock in funding for the Consumer Financial Protection Bureau.
www.americanbanker.com
Senate Dems introduce bill to fully restore CFPB funding
Consumer Federation of America