The CFPB is getting it from all angles and is even facing a congressional appropriations bill that could gut its funding. The House Appropriations Committee yesterday released its fiscal 2012 appropriations bill for financial services, and it includes several efforts to curb the CFPB, according to the Hill. The measure is scheduled to be marked up by the relevant subcommittee today.

All told, the $19.9 billion in funding included in the bill is nearly $2 billion below last year’s level and $6 billion below the president’s budget request, the committee said.

“This bill exemplifies the commitment of the Republican majority to reduce spending, dig our nation out of record deficits, and rein in unnecessary agency regulation and interference that obstructs economic growth. The funding in this bill is below the pre-stimulus, pre-bailout levels of 2008, and important provisions are included to prevent government overreach in a variety of areas,” said committee Chairman Hal Rogers (R-Ky.).

Notably, the bill would bring the CFPB’s budget under the purview of appropriators starting in 2013. Currently, its funding falls outside the reach of lawmakers, as it receives transfers from the Federal Reserve to fund its operations.

The measure would also cap mandatory funds for the CFPB at $200 million — the current limit is $600 million.