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Elon Musk, Consumer Financial Protection Bureau
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.
Musk calls for abolishing consumer protection agency
Under Biden and Director Rohit Chopra, the agency has cracked down on home foreclosures and bank overdraft fees.
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 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
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 urges the elimination of US consumer bureau
Musk, who has been tasked with helping to shrink the size of the federal government and rein in spending, indicated that there are already too many duplicate agencies within the central government.
Musk Calls for Abolishing Consumer Agency GOP Has Long Targeted
(Bloomberg) -- Billionaire Elon Musk called for eliminating the
Consumer
Financial
Protection
Bureau
, highlighting the renewed threat under President-elect Donald Trump to a regulatory agency that has long been a target of Republicans and business advocacy ...
Elon Musk calls for dismantling consumer finance watchdog targeted by GOP
Billionaire Elon Musk, tasked with slashing government costs by U.S. President-elect Donald Trump, on Wednesday called for the elimination of a
Trump and GOP eye new limits on Consumer Financial Protection Bureau
President-elect Donald Trump and Republicans in Congress are weighing vast changes to the CFPB that could limit its powers and funding.
Musk calls for abolishing consumer finance watchdog targeted by Republicans
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.
20h
Exclusive: US consumer finance watchdog moves on new rules ahead of Trump takeover
The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden's Democratic ...
JD Supra
15h
CFPB Finalizes Open Banking Rule on Consumer Financial Data Rights
Our Financial Services Group unpacks the Consumer Financial Protection Bureau’s final rule on consumer financial data rights under Section 1033 of ...
2d
on MSN
Regulators will oversee cash apps including Apple, PayPal
The Consumer Financial Protection Bureau will start overseeing non-bank companies that offer financial services like online ...
5d
US CFPB finalises rule to supervise big tech digital payments
Regulatory supervision will involve detailed scrutiny to ensure compliance with federal law, a process banks routinely ...
The Hill
6d
Consumer watchdog to oversee digital wallets, payment apps
Large companies that offer digital wallets and payment apps will now be overseen by the
Consumer
Financial
Protection
...
6d
Tech giants get reality check: Government oversight incoming for financial services
The Consumer Financial Protection Bureau will now supervise tech firms that handle over 50 million transactions annually.
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Elon Musk
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