In an early-morning message on his social media platform X, Musk called for an end to the Consumer Financial Protection Bureau (CFPB), describing it as duplicative and unnecessary.
Musk, set to co-lead Trump’s Department of Government Efficiency, suggested a dramatic reduction in the number of federal agencies, starting with a direct challenge to the CFPB.
Amid discussions about the Consumer Financial Protection Bureau, Musk indicated a clear intent to streamline government by targeting agencies he perceives as redundant or ineffective.
The bipartisan origins of the CFPB were a response to the financial crisis, but under Musk’s influence, it could face significant restructuring or elimination.
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