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 Senate has voted to overturn key regulations that granted the Consumer Financial Protection Bureau supervision over payment services operated by platforms such as PayPal, Google, and Apple. The largely party-line 51-47 vote on Wednesday is part of a broader campaign by the Trump administration to defang the CFPB,
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.
and Elon Musk's tweet that says, "CFPB RIP." Neronha said he doesn’t see a good reason why the Consumer Financial Protection Bureau should close. “Tell me why you want to kill it. Tell me why ...
The Massachusetts senator invited the tech billionaire to testify at an informal hearing focusing on the Consumer Financial Protection Bureau next week, as the Trump adviser pledges to destroy the agency she helped create.
Meanwhile, DOGE itself had just 42% of respondents seeing it favorably, while 38% had an unfavorable view, according to the survey. A separate question about Elon Musk personally showed that 42% of respondents saw him favorably while 52% had an unfavorable opinion.