Musk’s associates are set to return on Friday and will access sensitive information from the Consumer Financial Protection Bureau (CFPB), including personal details of staff like salaries and performance reviews. They will be using CFPB laptops, though access is read-only, preventing data alteration. The backdrop includes the recent firing of CFPB director Rohit Chopra by President Trump, as the bureau faces criticism from the Republican Party and various industries it regulates. Following the leadership change, Secretary Scott Bessent has ordered staff to pause all activities during this transition.
Martinez confirmed that Musk's associates would return seeking access to sensitive CFPB information, including HR and financial records. They will work from provided CFPB laptops.
The CFPB is under pressure following the firing of its director, Rohit Chopra, which many expected sooner, given the ongoing criticism from the Republican Party.
The CFPB has faced backlash from real estate and mortgage industries for its regulatory approach, while some appraisal professionals hope to maintain its services for fee transparency.
With the change in CFPB leadership, Secretary Scott Bessent has advised staff to halt ongoing projects as the situation stabilizes post-firing of Chopra.
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