‘CFPB RIP’: Elon Musk is already descending on his next target
Three Musk allies, some of whom are tied to his Department of Government Efficiency, have embedded with the consumer bureau, ...
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
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Why Elon Musk and the GOP Have the Consumer Finance Protection Bureau in Their Crosshairs
Republicans have long wanted to kill the CFPB. With Musk and Russell Vought, they may finally have their chance.
New CFPB chief closes headquarters, tells all staff they must not do 'any work tasks'
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at ...
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
Elon Musk, Crypto Leaders Laud 'Unplugging' Of CFPB, Critics Push Back
Elon Musk and some crypto executives celebrated the Trump government's work on shutting down the CFPB, raising questions ...
‘We’re about to get annihilated’: Musk, DOGE descend on consumer bureau
The Trump administration is moving rapidly to gut the Consumer Financial Protection Bureau (CFPB), halting the agency’s work, ...
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...
DOGE probes CFPB as Musk paints a grim picture for the agency
Three Musk allies, among them DOGE personnel, have set up an office at the CFPB's headquarters to ensure it is complying with ...
DOGE-Backed Halt at CFPB Comes Amid Musk’s Plans for ‘X’ Digital Wallet
Government-efficiency team’s initial ‘read-only’ access expanded quickly to encompass closely guarded data, internal emails ...
Elon Musk is waging war on a key check on his business empire
Elon Musk bought Twitter in 2022 with the hopes of turning it into “the everything app” that will let users zap money to each other and where they could eventually conduct their “entire financial ...