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Musk, Consumer Financial Protection Bureau

Business Insider · 8m

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.

Hosted on MSN · 4h

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.

Bloomberg on MSN · 2h

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.

Musk Calls for Abolishing Consumer Agency GOP Has Long Targeted

(Bloomberg) -- Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting ...

2don 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 ...

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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