Title V Exposed: How H.R. 1 Reshapes Financial Oversight and Consumer Protections
Title V of H.R. 1 targets sweeping changes in U.S. financial governance, including major reforms to the Public Company Accounting Oversight Board, budget caps for the Consumer Financial Protection Bureau, and clawbacks of unobligated funds from federal financial entities. This section signals a significant power shift to the Treasury and SEC, raising questions about regulatory independence, consumer protection, and government transparency.
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