"CFPB RIP," Musk wrote on X on Friday. The Consumer Financial Protection Bureau, a federal agency designed to prevent another financial crisis and protect people from scams, has halted most of its ...

The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.

Musk’s team on Friday entered the headquarters of the CFPB, an agency that the billionaire Donald Trump adviser has personally targeted, according to three people familiar with their actions.

The source told CNN that DOGE officials have been granted administrative access to CFPB systems, including content management system, back-end systems for the bureau’s website and the active ...

In November, Elon Musk, head of the president’s team to cut spending — the Department of Governmental Efficiency, or DOGE — tweeted out: “Delete CFPB. There are too many duplicative ...

Vought told staff on Friday that he is the acting director of the CFPB, an independent agency that polices financial institutions and nonbank entities, according to the people. Vought wrote a ...

Three DOGE team membersChristopher Young, Nikhil Rajpal, and Gavin Kligerarrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move comes months ...

Three DOGE team members—Christopher Young, Nikhil Rajpal, and Gavin Kliger—arrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move ...

Three DOGE team membersChristopher Young, Nikhil Rajpal, and Gavin Kligerarrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move comes mon ...

Some believe the CFPB has acted too aggressively or that its functions could be better filled in another way. Acting director Russell Vought recently instructed staff to suspend most operations.

Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection Bureau (CFPB) after employees with Elon Musk’s Department of ...