Looking for Budget Cuts, Senate Republicans Eye Fed Salaries

Also, the fight over saving the PCAOB heats up in the Senate; Mersinger's public debut at the Blockchain Association

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House Financial Services Republicans slashed the CFPB’s funding and eliminated the PCAOB as part of their contribution to the president’s “big, beautiful” tax and spending plan. Now the Senate Banking Committee is aiming its cost-cutting at a (usually) much more sacred target: the Fed.

A confidential memo on the…