Home >> Tag Archives: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

Tag Archives: Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

New Bill Proposed by Texas Lawmakers to Completely Eliminate the CFPB

Various legislation has been introduced by Republicans in an attempt to reduce the power of the Consumer Financial Protection Bureau in the last year, but there has not been any law proposed to completely eliminate the Bureau – until now. U.S. Representative John Ratcliffe and U.S. Senator Ted Cruz, both Republicans from Texas, have combined to sponsor a bill that would completely abolish the CFPB, according to announcements on both lawmakers' websites.

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