Watch live: McKernan, Trump’s pick to lead CFPB, faces Senate confirmation hearing

» House Republicans advance ‘best shot’ at reining in Obama-era consumer protections




House Republicans on Wednesday advanced legislation that seeks to significantly limit the funding the Consumer Financial Protection Bureau (CFPB) is able to access, a move Democrats say would “dismantle” the agency. The GOP-led House Financial Services Committee on Wednesday afternoon voted 32-20 along party lines to make major changes to the funding structure for the…



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