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CFPB

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Senator Ted Cruz Introduces Bill to Abolish the CFPB 

Jul 23, 2015By

The Consumer Financial Protection Bureau (CFPB) celebrated its fourth birthday on July 21. As a present, two Texas congressmen introduced a bill to abolish the federal agency, one of whom was U.S. Senator Ted Cruz (R). Cruz, along with Representative John Ratcliffe (R-Texas-04) introduced legislation to eliminate the CFPB, saying that the agency, like the […]