Musk Calls for Abolishing Consumer Finance Agency

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 finance agency: ‘Delete CFPB’
Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under Trump to a regulatory agency that has long been a target of Republicans and business advocacy groups.
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’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 government departments, including the Pentagon.
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 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 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.
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.
Elon Musk calls for abolishing consumer finance watchdog CFPB — a longtime GOP target
Meanwhile, the consumer finance watchdog is moving ahead with rulemaking in the final weeks of Biden's administration.
JD Supra6h
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 ...
ConsumerAffairs7h
CFPB's payday lending rule takes effect March 30, court orders
In a surprise Thanksgiving Eve action, a panel of the Fifth U.S. Circuit Court of Appeals has set March 30, 2025 as the ...
CFPB said to move ahead on rulemaking ahead of Trump transition
The U.S. Consumer Financial Protection Bureau plans to move forward with new rules despite opposition from Republicans as ...