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CFPB, Musk
CFPB moves to finalize rules before Trump can ‘delete’ the agency
Elon Musk and Vivek Ramaswamy, whom Trump has tasked with slashing government costs, called for the CFPB to be deleted.
Musk Calls for Abolishing Consumer Finance Agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to a regulatory agency that has long been a target of Republicans and business advocacy groups.
Elon Musk wants to 'delete' the CFPB. Could he?
The Consumer Financial Protection Bureau has long been a target for conservative ire, but dismantling it would require Congress' cooperation.
Elon Musk wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” the billionaire tech executive running the “Department of Government Efficiency” said in an early-morning post on X.
Musk calls for abolishing consumer finance watchdog targeted by Republicans
Billionaire Elon Musk, tasked with slashing government costs by U.S. President-elect Donald Trump, on Wednesday called for the elimination of a federal regulatory agency charged with protecting consumers in the financial sector.
Elon Musk calls for abolishing consumer finance watchdog CFPB — a longtime GOP target
Meanwhile, the consumer finance watchdog is moving ahead with rulemaking in the final weeks of Biden's administration.
ConsumerAffairs
7h
CFPB's payday lending rule takes effect March 30, court orders
In a surprise Thanksgiving Eve action, a panel of the Fifth U.S. Circuit Court of Appeals has set March 30, 2025 as the ...
JD Supra
6h
CFPB Finalizes Open Banking Rule on Consumer Financial Data Rights
Our Financial Services Group unpacks the Consumer Financial Protection Bureau’s final rule on consumer financial data rights under Section 1033 of ...
5d
The Big Changes Coming To Elizabeth Warren’s CFPB And Fintech Regulation
With a new administration and GOP-controlled Congress, a wild swing in regulatory policy is coming to the Consumer Financial ...
ConsumerAffairs
3d
Banks have long knives out for consumer watchdog CFPB
The Consumer Financial Protection Bureau (CFPB) was founded after the financial crisis of 2008 to rein in banks and other ...
JD Supra
13h
Court rules on CFPB’s motions in case against lender regarding Military Lending Act violations
On November 7, the U.S. District Court for the Northern District of Texas entered an opinion and order in a case involving the CFPB and a ...
1d
The Problems With The CFPB’s New Open Banking Rule
A new rule from the CFPB aims to empower consumers by granting them control over their financial data. But that assumes we have the ability to do that. Bad assumption.
Banking Exchange
2d
CFPB Finalizes Rule on Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”
The final rule brings supervision to “Big Tech” and other widely used digital payment apps The Consumer Financial Protection ...
5d
on MSN
CFPB finalizes rule to oversee digital payment giants like Apple Pay
The CFPB’s new rule brings major digital payment apps like Apple Pay under federal supervision, addressing issues like fraud, ...
5d
US CFPB finalises rule to supervise big tech digital payments
Regulatory supervision will involve detailed scrutiny to ensure compliance with federal law, a process banks routinely ...
6d
on MSN
Regulators will oversee cash apps including Apple, PayPal and Zelle
The rule covers payment services from Apple, Google and Amazon, as well as firms including PayPal and Block, and will cover ...
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