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Changes To CFPB

Photo: Newsradio WGAN

Changes To CFPB

Posted on February 10, 2025 by dmartignetti

The Consumer Financial Protection Bureau (CFPB) is facing significant changes under the new administration. The CFPB’s headquarters is closing, and supervisory activities have been halted. The agency, which is funded by the Federal Reserve, has been instructed not to accept its next funding draw. This move is seen as an attempt to weaken the CFPB, which is criticized for its regulatory impact on credit markets and interest rates.

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