President’s Budget Would Subject CFPB Budget to Industry Lobbyists

by Jeff Sovern

The Hill reports that the president's budget would subject the CFPB budget to the congressional appropriations process, which as we have noted in the past, would effectively give lobbyists power over the CFPB, even when the director is not beholden to the industry.  I believe the budget is subject to the filibuster, though, which means the Democrats can block it.


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