Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.
The Consumer Financial Protection Bureau abruptly dropped cases on Thursday against Capital One, Rocket Homes and a student loan servicer, according to court filings.The moves come as Jonathan McKernan,
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.
Sen. Elizabeth Warren (D-Massachusetts) has invited Elon Musk to a hearing on his plans to tank the Consumer Financial Protection Bureau.
The group is warning against efforts by the Trump Administration and Elon Musk to defund and disband the CFPB, which enforces consumer protection laws.
On Reddit and X, Zelinsky analyzed messages from Musk followers who truly believed that Dogecoin price hikes are Musk's "gift" propelling Dogecoin to become not just the "currency of Earth" but the currency of Mars. That's the real fantasy that makes Musk such a charismatic figure, Zelinsky suggested.