elon musk, CFPB

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.
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 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.
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 wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” the billionaire tech executive running the “Department of Government Efficiency” said in an early-morning post on X.
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.
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.
ConsumerAffairs9h
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 ...
JD Supra8h
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 ...
The Big Changes Coming To Elizabeth Warren’s CFPB And Fintech Regulation
With a new administration and GOP-controlled Congress, a wild swing in regulatory policy is coming to the Consumer Financial ...
ConsumerAffairs3d
Banks have long knives out for consumer watchdog CFPB
The Consumer Financial Protection Bureau (CFPB) was founded after the financial crisis of 2008 to rein in banks and other ...
Banking Exchange2d
CFPB Finalizes Rule on Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”
The final rule brings supervision to “Big Tech” and other widely used digital payment apps The Consumer Financial Protection ...
JD Supra13h
CFPB Sues Online Lender of Student Loans for Alleged Violations of Federal Lending Laws
On October 17, 2024, the Consumer Finance Protection Bureau (CFPB) announced that it had filed an action in the U.S. District Court for the ...
CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.