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Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal

By Swedan Margen

Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal

The Consumer Financial Protection Bureau, a Wall Street cop signed into law by President Obama, is about to run out of money after the Justice Department ruled its funding scheme illegal, potentially putting it on a path to extinction.

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Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal - GQ British Lifestyle