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Elon Musk Homes In On New Government Target
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.
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
Raw Story on MSN
1h
Musk’s government overhaul plan: 'Delete' bureau that returns billions to Americans
Space X CEO Elon Musk is considering cutting the Consumer Financial Protection Bureau as part of his drastic government ...
1h
Consumer finance watchdog moving ahead with rulemaking, Reuters says
The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden’s Democratic administration, in a bid to ...
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 ...
5d
US CFPB finalises rule to supervise big tech digital payments
Regulatory supervision will involve detailed scrutiny to ensure compliance with federal law, a process banks routinely ...
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
...
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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