Items Tagged with 'Senate Republicans'


  • Republicans move to abolish CFPB

    Ted Cruz reintroduces bill to eliminate “farce” agency
    If a handful of Republicans in the Senate have their way, the Consumer Financial Protection Bureau will not exist for much longer. For the third time in the last few years, Republicans are trying to kill the CFPB.
    Read More
  • Massive tax reform plan moves one step closer to full Senate vote

    Senate Budget Committee approves bill
    The Senate version of the Republicans’ tax plan, the Tax Cuts and Jobs Act, moved one step closer to becoming a reality on Tuesday when the Senate Budget Committee approved the bill. Of interest to those who operate in the housing industry, the Senate version of the tax reform bill will keep the current mortgage interest deduction cap at $1 million.
    Read More
  • Senate tax bill keeps mortgage interest deduction intact

    House and Senate versions differ on housing cap
    The Senate is set to release its new tax reform bill today, and unlike the bill currently being debated in the House, it keeps the full mortgage interest deduction intact. Here's more about the Senate’s bill, and how it differs from the House’s reform bill released last week.
    Read More
  • Brown promises “hell of a fight” in Senate over CFPB arbitration rule

    Top Democrat pledges to push back against Republican repeal efforts
    As expected, Senate Republicans on Thursday introduced a “resolution of disapproval” that begins the process of repealing the Consumer Financial Protection Bureau’s newly unveiled rule that bans companies from using mandatory arbitration clauses. The effort is led by a number of prominent Republicans, but one of the top Democrats in the Senate is pledging a serious fight over the CFPB arbitration rule.
    Read More
  • Another Republican senator introduces bill to "dismantle" CFPB

    Sen. Mike Rounds wants to cut off all CFPB funding
    Sen. Ted Cruz, R-Texas, introduced a bill repealing Title X of the Dodd-Frank Wall Street Reform Act, which established the CFPB. But Cruz wasn’t alone last week in launching a full-scale assault on the controversial governmental agency. Sen. Mike Rounds, R-South Dakota, also introduced a bill last week that would kill off the CFPB, albeit in a different way than Cruz’s bill.
    Read More
  • Senate Republicans unveil bill to rein in CFPB spending

    Want agency brought under Congressional appropriation process
    The sharks swimming around the Consumer Financial Protection Bureau now appear to smell blood in the water. Now, those who defend the CFPB face another battle, as several Senate Republicans unveiled a bill this week that would give Congress oversight of the CFPB.
    Read More