Ex-CFPB Chief Sounds Alarm on Elon Musk’s DOGE
Former CFPB Leader Raises Red Flags on Elon Musk’s DOGE The Consumer Financial Protection Bureau’s HQ was shut down on Sunday. Elon Musk, head of the Department of Government Efficiency, wants to eliminate the agency. The first director of CFPB told BI that Musk’s calls to dismantle the bureau are “totally unethical.” The first director […]
Exclusive: US Consumer Finance Watchdog Implements New Rules Prior to Trump’s Inauguration
Exclusive-US consumer finance watchdog moves on new rules ahead of Trump takeover By Douglas Gillison and Pete Schroeder (Reuters) – 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 advance consumer protections before President-elect Trump overhauls the agency, said three people […]