The Republican-controlled House Wednesday passed legislation modestly curbing the growth of the Consumer Financial Protection Bureau, the agency established by the 2010 overhaul of financial regulations to enforce laws aimed at protecting consumers from unfair or illegal practices by banks, mortgage lenders and other financial services providers.
The measure would cap the agency's budget at $655 million in 2020 and $720 million in 2025. This year's budget is $582 million.
19:58 With five holdouts on health-care bill, McConnell is in for a final frenzy of negotiation21
12:58 The Health 202: CBO score of Senate health bill certainly doesn't ease McConnell's path to 5016
10:00 GOP ObamaCare fight faces do-or-die procedural vote18
23:37 CBO: Senate GOP health-care bill would leave 22 million more people uninsured by 202614