S. 303, also known as the "Defund the CFPB Act," aims to amend the Consumer Financial Protection Act of 2010. The bill seeks to limit the amount of money that the Director of the Bureau of Consumer Financial Protection can request for funding its activities to $0. This would...
Simple Explanation
S. 303 is a bill that wants the government group called the "Bureau of Consumer Financial Protection" to have no money whatsoever to do its job, which is to help make sure people are treated fairly by money companies like banks.