{"id":2404033,"date":"2025-02-19T05:05:02","date_gmt":"2025-02-19T10:05:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-congressman-calls-to-defund-the-consumer-financial-protection-bureau-washington-examiner\/"},"modified":"2025-02-19T05:06:39","modified_gmt":"2025-02-19T10:06:39","slug":"republican-congressman-calls-to-defund-the-consumer-financial-protection-bureau-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-congressman-calls-to-defund-the-consumer-financial-protection-bureau-washington-examiner\/","title":{"rendered":"Republican congressman calls to defund the Consumer Financial Protection Bureau &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublican-congressman-calls-to-defund-the-consumer-financial-protection-bureau-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2404033&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Republican Congressman Keith Self from\u200d Texas is advocating\u200b for the defunding of the Consumer financial Protection Bureau (CFPB) to <a href=\"https:\/\/amzn.to\/3YuVZYV\">promote conservative fiscal \u200dpolicies<\/a>. In a letter to House Speaker Mike Johnson, Self urged the inclusion of the &#8220;Defund the CFPB Act&#8221; in the upcoming budget reconciliation bill.\u2062 He argues that this legislation is vital\u2063 for cutting off \u200bfunding to what he perceives as \u2063a rogue agency that has overstepped its mandate adn become a burden on taxpayers and businesses.\u200b Self&#8217;s position is supported by several\u200b co-sponsors and aligns with past\u200b efforts by the Trump management to \u200dlimit the CFPB&#8217;s power, which critics view as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ca-blocked-ladwp-fire-hardening-project-to-protect-now-burned-plant-congressman-washington-examiner\/\" title=\"CA blocked LADWP fire-hardening project to protect now-burned plant: Congressman - Washington Examiner\">excessive <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">regulatory overreach<\/a><\/a>. Elon Musk, an advisor to the administration, has also publicly \u200bcalled for the agency&#8217;s dissolution. Self stresses the \u200dneed for Congress \u2064to act decisively on this issue to restore accountability in \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrats-introduce-court-packing-bill\/\" title=\"Democrats Introduce Court-Packing ...\">financial regulation<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Republican congressman calls to defund the Consumer Financial Protection Bureau&nbsp;<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1997247\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Rep. <a href=\"https:\/\/www.washingtonexaminer.com\/opinion\/3276095\/why-keith-self-switched-vote-house-speaker\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Keith Self<\/a> (R-TX) wants to see change in Washington, D.C., particularly the kind of change that embraces conservative fiscal policy.<\/p>\n<div class=\"article-paywall\">\n<p>In a letter to House Speaker <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/mike-johnson\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Mike Johnson<\/a> (R-LA), Self encouraged the inclusion of a bill that would strip the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/cfpb\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Consumer Financial Protection Bureau<\/a> of its funding. It&rsquo;s a step the Texas congressman believes would help restore sound financial policies within the government. Self asked Johnson to include the <em>Defund the CFPB Act <\/em>in the forthcoming budget reconciliation bill.<\/p>\n<p>&ldquo;This bill is essential to advancing conservative fiscal policy by cutting off all funding to the Consumer Financial Protection Bureau (CFPB) and ensuring that this rogue agency is permanently eliminated,&rdquo; Self wrote.<\/p>\n<p>Since the Trump administration took office, the CFPB has received significant scrutiny. Detractors have accused the agency of reckless spending and illegal overreach. The agency was formed in 2011 primarily in <a target=\"_blank\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/fairness-justice\/3318530\/cfpb-only-congress-can-deliver-lasting-change\/\" rel=\"noreferrer noopener\">response to the 2008 financial crisis<\/a>. Its critics have said it has expanded beyond its purpose and is part of a behemoth bureaucracy.&nbsp;<\/p>\n<p>Elon Musk, a presidential adviser and the head of the Department of Government Efficiency, has been a staunch opponent of the CFPB. In November 2024, he posted a <a target=\"_blank\" href=\"https:\/\/x.com\/elonmusk\/status\/1861644897490751865\" rel=\"noreferrer noopener\">message<\/a> on X calling to end it. He echoed similar sentiments earlier this month.<\/p>\n<p>&ldquo;CFPB RIP,&rdquo; Musk <a target=\"_blank\" href=\"https:\/\/x.com\/elonmusk\/status\/1887979940269666769\" rel=\"noreferrer noopener\">posted<\/a>.&nbsp;<\/p>\n<p>In a press release on Tuesday, Self explained the benefits of the <em>Defund the CFPB Act <\/em>and why he believed it was necessary.<\/p>\n<p>&ldquo;The recent directives from the Trump administration affirm what American businesses, banks, and taxpayers know&mdash;that this burdensome bureaucratic agency is well past the point of meaningful reform,&rdquo; Self said. &ldquo;By including the Defund the CFPB Act in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/schumer-democrats-will-work-on-covid-19-package-alongside-impeachment-trial\/\" title=\"Schumer: Democrats Will Work on COVID-19 Package Alongside Impeachment Trial\">reconciliation package<\/a>, we can ensure that these actions have a lasting impact and restore accountability within our financial regulatory framework.&rdquo;<\/p>\n<p>The bill&rsquo;s co-sponsors included Reps. August Pfluger (R-TX), Byron Donalds (R-FL), Glenn Grothman (R-WI), Randy Weber (R-TX), and Tom Tiffany (R-WI) noted the release. Sen. Ted Cruz (R-TX) introduced the <em><a target=\"_blank\" href=\"https:\/\/www.cruz.senate.gov\/newsroom\/press-releases\/sen-cruz-introduces-legislation-to-defund-the-cfpb-and-restore-congressional-oversight\" rel=\"noreferrer noopener\">Defund the CFPB Act<\/a><\/em>  in the Senate in January.&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM RESTORING AMERICA<\/a><\/strong><\/p>\n<p>In his letter to Johnson, Self also emphasized that eliminating the CFPB would align with the agenda and vision of President Donald Trump. He mentioned the previous action taken by the Trump administration to &ldquo;curtail the CFPB&rsquo;s unchecked power, recognizing the agency as an unconstitutional regulatory overreach.&rdquo;<\/p>\n<p>&ldquo;The CFPB has long been a source of regulatory overreach, with its funding mechanism shielding it from congressional accountability,&rdquo; Self wrote. &ldquo;The Supreme Court recently upheld the agency&rsquo;s funding structure, but it remains clear that Congress has the ultimate authority to determine its future. With control of the legislative process, we must seize this moment to act decisively.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1997247\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1997247\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Keith Self (R-TX) urges defunding the CFPB for fiscal reform<\/p>\n","protected":false},"author":2707,"featured_media":2404034,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/Keith-Self.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[5408,50637,13816,3911,32076],"class_list":["post-2404033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-congressman","tag-consumer-financial-protection-bureau","tag-defund","tag-republican","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/Keith-Self.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2707"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2404033"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404033\/revisions"}],"predecessor-version":[{"id":2404037,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404033\/revisions\/2404037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2404034"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2404033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2404033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2404033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}