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H.R. 1 reduces the CFPB's funding cap from 12% to 6.5% of combined earnings transferred from the Federal Reserve Board.
reported by one outlet so far · Reported fact · first recorded Aug 8, 6:30 AM
How each outlet reported it
Congressional Research ServiceOfficial record · Aug 8, 6:15 AM
The bill reduces the CFPB's funding cap from 12% to 6.5% of combined earnings transferred from the Federal Reserve Board.
Details: Sec. 30001; 12% to 6.5%