The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
The U.S. Senate voted on Wednesday to revoke the Consumer Financial Protection Bureau's authority to oversee digital payment platforms. This move could reportedly directly benefit Elon Musk's social media company,
U.S. President Donald Trump is expected to boast about his sweeping cuts to the federal bureaucracy during an address to a joint session of Congress on Tuesday night, with praise for tech billionaire Elon Musk's so-called Department of Government Efficiency (DOGE).
The Senate has stripped the Consumer Financial Protection Bureau’s power to monitor digital payment offerings. That could clear the way for Elon Musk's Twitter/X to broaden its payments plan. The proposal still needs to pass the House, but two senators are calling for an ethics investigation into Musk’s role in the change.
The Department of Government Efficiency currently intervenes in the affairs of agencies regulating the billionaire's companies, from X to Tesla to SpaceX.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Rep. Rosa DeLauro (D-Conn.), the top Democrat on the House Appropriations Committee, slammed the new House Republicans’ six-month stopgap funding bill, claiming it is a “blank check” for tech billionaire and close President Trump adviser Elon Musk.
The Consumer Financial Protection Bureau (CFPB) is a federal agency that, up until a few weeks ago, policed some of the largest and most powerful financial and
Elon Musk's Department of Government Efficiency has targeted federal agencies like USAID, CFPB, and NOAA to reduce government spending.
Chaos within the Consumer Financial Protection Bureau has come to light in a recent court filing showing emails and documents from employees inside the agency amid efforts to dismantle it, illustrating a team scrambling to make do with recent firings and confusion on what work is allowed to be completed.
The U.S. Consumer Financial Protection Bureau on Thursday dropped ... Since taking office, Trump and his downsizing czar Elon Musk have vowed to destroy the CFPB. They have fired scores ...