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Musk, Consumer Financial Protection Bureau
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 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.
1h
on MSN
Elon Musk wants to "delete" the Consumer Financial Protection Bureau, shifting power to Wall Street
The Consumer Financial Protection Bureau was created in 2008 to protect people from predatory financial practices ...
Yahoo
4h
Musk Calls for Abolishing Consumer Agency GOP Has Long Targeted
(Bloomberg) -- Billionaire Elon Musk called for eliminating the
Consumer
Financial
Protection
Bureau
, highlighting ...
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 ...
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
...
44m
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.
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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