Musk, Consumer Financial Protection Bureau

Elon Musk wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” Elon Musk, the billionaire tech executive running the “Department of Government Efficiency,” said in an early-morning post on X.
Elon Musk names financial watchdog government agency he wants to ‘delete’
The agency aims to protect consumers from unfair, deceptive or abusive financial practices by taking action against companies that break the law. In 2022, the CFPB ordered Wells Fargo to pay $3.7 billion for “widespread mismanagement” that led to misapplied loan payments, wrongfully foreclosed homes and more.
Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process.
Elon Musk Wants to ‘Delete’ the Consumer Financial Protection Bureau
Billionaire Elon Musk, tasked with slashing government costs by U.S. President-elect Donald Trump, on Wednesday called for the elimination of a federal regulatory agency charged with protecting consumers in the financial sector.
Elon Musk Homes In On New Government Target: Consumer Financial Protection Bureau
Earth’s richest person Elon Musk, President-Elect Donald Trump’s cost-cutting czar, identified a fresh federal government enemy: The Consumer Financial Protection Bureau, a relatively new agency created following the Great Recession.
Elon Musk wants to 'delete' the CFPB. Could he?
The Consumer Financial Protection Bureau has long been a target for conservative ire, but dismantling it would require Congress' cooperation.
Elon Musk calls for the CFPB to be ‘deleted’
Elon Musk, who will have a role in the Trump administration overseeing government "efficiency," called for the CFPB to be "deleted."
Elon Musk Asks if IRS Funding Should Be 'Deleted'
Elon Musk has asked social media users if funding for the Internal Revenue Service (IRS) should be "deleted" in a poll on X, formerly Twitter. "The IRS just said it wants $20B more money," Musk, who has been appointed to co-lead the informal Department of Government Efficiency under President-elect Donald Trump,
Elon Musk Demands Shutdown Of Consumer Bureau
Elon Musk took to social media Wednesday to demand the shutdown of the Consumer Financial Protection Bureau (CFPB). Musk is spearheading President-elect Donald Trump’s initiative to reduce the size of the federal government.
Elon Musk Suggests ‘Deleting’ Another Government Agency Under Upcoming Trump Administration
Billionaire entrepreneur Elon Musk has suggested abolishing the Consumer Financial Protection Bureau (CFPB), an independent ...
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Musk calls for end to CFPB
The presumed Trump Cabinet appointee said there “are too many duplicative regulatory agencies,” calling out the consumer ...
Elon Musk and Vivek Ramaswamy to meet with House Republicans on DOGE plans
Elon Musk and Vivek Ramaswamy will head to Capitol Hill next week to meet with Republicans on their plan to slash regulations ...
Elon Musk’s DOGE May Cut These Federal Agencies—As CFPB Becomes Latest Target
Elon Musk and Vivek Ramaswamy, co-heads of the Department of Government Efficiency, have suggested they’ll make cuts in key ...
CFPB moves to finalize rules before Trump can ‘delete’ the agency
Elon Musk and Vivek Ramaswamy, whom Trump has tasked with slashing government costs, called for the CFPB to be deleted.
Elon Musk, Vivek Ramaswamy look to kill Massachusetts Sen. Warren’s brainchild: ‘Delete CFPB’
Massachusetts Sen. Elizabeth Warren’s brainchild, the Consumer Financial Protection Bureau, could be on the chopping block ...
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Elon Musk Sets His Sight on Helping Foment Massive Bank Fraud
The world’s richest man wants to destroy the key federal agency meant to protect consumers in the financial sector.