Elon Musk's Department of Government Efficiency (DOGE) has started auditing the Consumer Financial Protection Bureau (CFPB) following Musk's statement that the agency should be abolished. Musk, appointed by President Donald Trump to curb wasteful government spending, declared the CFPB 'RIP' on X, shortly after Bloomberg reported that DOGE team members had embedded themselves within the CFPB's Washington, D.C. headquarters. Musk argues there are too many redundant regulatory agencies, echoing Republican criticisms of the CFPB as a government overreach that hinders economic growth.
Elon Musk ’s Department of Government Efficiency has begun its auditing protocols at the Consumer Financial Protection Bureau , after he said the agency should be “deleted.”
Musk, who was hand-picked by President Donald Trump to reduce wasteful and fraudulent spending within the government, told the bureau to “RIP” in a Friday afternoon post on X, shortly after BloombergThree members of the DOGE team have already arrived at the CFPB’s Washington, DC. headquarters and “embedded” themselves inside, the outlet reported.“There are too many duplicative regulatory agencies,” the tech mogul wrote on X.
Grenell Calls Out Bass-Appointed L.A. Fire Recovery Chief for $500K 3-Month Salary: ‘Gross, Offensive’ L.A. Mayor Bass Hires Illinois Consulting Firm Led by Far-Left Politician to Support Fire ‘Recovery Process’Exclusive — David Webb on Trump’s First Few Weeks: ‘One of the Most Impactful Transitions’ in Recent TimesMSNBC’s Chris Hayes Admits the Word ‘Diversity’ Politically Failed, Recommends New DEI Phrase: ‘Patriotic Pluralism’Super Bowl Fumble: Google Rushes to Edit Out Bogus Info from Big Game AI AdGOP Rep.
ELON MUSK DOGE CFPB GOVERNMENT AUDIT REGULATORY AGENCIES
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk's DOGE Launches Review of CFPB, Agency Website Goes DownElon Musk's Department of Government Efficiency (DOGE) has initiated a comprehensive review of the Consumer Financial Protection Bureau (CFPB), leading to the agency's website becoming inaccessible. DOGE representatives have gained access to CFPB's internal systems, including personnel and financial records. This move comes after Musk posted 'RIP CFPB' on X, his social media platform, and President Trump appointed Russell Vought as acting head of the CFPB. The review's objective is reportedly to uncover corruption within the agency, as DOGE believes the CFPB lacks Congressional oversight due to its connection with the Federal Reserve.
Read more »
Elon Musk's DOGE Team Gains Read-Only Access to CFPB DataElon Musk's Department of Government Efficiency (DOGE) team has received read-only access to data systems at the Consumer Financial Protection Bureau (CFPB). This follows a request from DOGE employees, including Nikhil Rajpal and Gavin Kliger, to access CFPB information related to staff, procurement, and finance. The CFPB, an independent agency tasked with investigating and reforming financial institutions, confirmed the access granted to DOGE, stating they would only have read-only permissions. Concerns have been raised about the potential impact of DOGE's access on CFPB operations and its ability to regulate financial institutions.
Read more »
‘RIP CFPB’: Elon Musk’s DOGE Embeds Itself Within Consumer Financial Protection BureauSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Musk's DOGE Probes CFPB for Waste and Corruption, Sparking Turmoil at Consumer Protection AgencyElon Musk's Department of Government Efficiency (DOGE) is investigating the Consumer Financial Protection Bureau (CFPB), alleging government waste and corruption. Musk's DOGE is scrutinizing the agency's operations to ensure compliance with President Trump's executive orders. This move comes amidst criticism of the CFPB from Republicans and some within the banking sector, who view it as an overreaching bureaucracy. The CFPB's leadership is also in flux, with Russell Vought reportedly serving as acting head, replacing Treasury Secretary Scott Bessent.
Read more »
Elon Musk's Team Seizes Control of CFPB, Raising Fears of Agency DismantlingElon Musk's cost-cutting team, known as the Department of Government Efficiency (DOGE), has taken control of the Consumer Financial Protection Bureau (CFPB), igniting concerns about the agency's future. Musk's lieutenants have gained access to internal computer systems and social media accounts, raising alarm bells among CFPB workers and advocates. Musk has been vocal in his criticism of the CFPB, calling for its elimination. His actions at the CFPB mirror his stated intentions to dismantle the Education Department and the U.S. Agency for International Development.
Read more »
Elon Musk's DOGE Audits Consumer Financial Protection BureauElon Musk's Department of Government Efficiency (DOGE) has begun auditing the Consumer Financial Protection Bureau (CFPB) after Musk called for its dissolution. DOGE personnel have embedded themselves within the CFPB's Washington, D.C. headquarters. Musk believes the CFPB is an example of wasteful government spending and argues for the reduction of duplicative regulatory agencies.
Read more »