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Tag Archives: Congressional Oversight

House Committee on Appropriations Aims For More Oversight, Transparency for CFPB

For the CFPB, the bill includes a provision that will bring the agency under the annual Congressional appropriations process. Currently, the CFPB is funded directly by the Federal Reserve. According to the Appropriations Committee, the change will allow for increased accountability and transparency of the Bureau's activities as well as the use of taxpayer money.

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