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If the irony of a billionaire trying to shut down a regulatory body that protects consumers from predatory corporate practices in itself isn’t event worthy—the legal overstep and mistreatment of hardworking federal employees certainly is. In addition to a sudden stop work order, employees were locked out of their offices today and barred from retrieving even personal items. Additionally, many employees depend on the agency daycare .
Over the weekend, the acting head of the CFPB demanded all investigations within the bureau stop, and shut down headquarters for the next week. Now, Democrats in Congress, including Senator Elizabeth Warren and Congresswoman Maxine Waters, are going to demand answers and advocate for their constituents. United, we will tell the American people why this fight matters and how it will impact their lives.
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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.
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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.
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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.
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Elon Musk's DOGE Begins Audit of CFPB After Calling for Agency's DeletionElon 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.
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CFPB Employees Told to Work Remotely as Musk-Backed DOGE Operatives Gain Access to Agency DataConsumer Financial Protection Bureau (CFPB) employees were directed to work remotely as their Washington, D.C. headquarters closed through February 14th. This follows a directive from acting CFPB director Russell Vought to suspend nearly all regulator activities, including supervising financial firms. The move comes amid concerns about the CFPB's future after operatives from Elon Musk's DOGE gained access to agency data, including staff performance reviews. Musk previously called for the CFPB's deletion and recently halted funding flow to the agency.
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