WASHINGTON — The Republican-led House approved a bill Thursday evening that would drastically alter the structure of the Consumer Financial Protection Bureau.

The Consumer Financial Protection Safety and Soundness Improvement Act, introduced by Rep. Sean Duffy, R-Wis., passed the chamber 232-182. The bill would replace the agency's director with a five-member commission and subject it to congressional appropriations, among other changes. Democrats have vigorously opposed such structural changes, with just 10 voting in support of the legislation.

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