Sens. Elizabeth Warren and Adam Schiff are alarmed about the weakening of the Consumer Financial Protection Bureau as Musk pushes a new digital payment platform.
A pair of Senate Democrats demanded Department of Government Efficiency staffers associated with Elon Musk vacate the Consumer Financial Protection Bureau, saying their presence undermines an agency responsible for regulating the billionaire’s yet-to-be-released payments venture.
The Senator is angry that she is losing control of her pet regulator, but she should blame her own design.
The Senator is angry that she is losing control of her pet regulator, but she should blame her own design.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Sen. Elizabeth Warren (D-Mass.) is pressing President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) about his loyalty to the Trump administration and whether he would refuse to carry out “unlawful directives.
In a forum Tuesday, Senate Democrats railed against President Trump and Elon Musk's efforts to shutter the Consumer Financial Protection Bureau as anti-consumer and illegal.
Sen. Elizabeth Warren (D-Massachusetts) has invited Elon Musk to a hearing on his plans to tank the Consumer Financial Protection Bureau.
Since acting CFPB Director Russell Vought took over, the agency closed its Washington HQ, fired staff and told those who remain to stop nearly all work.
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Hosted on MSNMass. AG Campbell tries to save Warren's bureauAttorney General Andrea Campbell has joined 22 other states in legal action to stop the Trump administration from shutting down the Consumer Financial Protection Bureau. Why it matters: The CFPB is the primary federal watchdog for consumers in the $18 trillion lending market.
Since its founding, the CFPB has returned more than $21 billion to consumers who were victims of fraud or scams.
Massachusetts AG Andrea Campbell is traveling to Washington, D.C. to help head off the derailment of the Consumer Financial Protection Board, a banking watchdog agency slated for elimination by President Trump.
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