Warren Slams Musk: No More Shadowy Dealings
The Trump administration, aided by Elon Musk’s Department of Government Efficiency (DOGE), has effectively shut down the Consumer Financial Protection Bureau (CFPB), halting operations and cutting off funding. This action directly undermines the CFPB’s crucial role in protecting consumers from financial fraud, an agency that has returned over $20 billion to consumers. Senator Warren decries this as a lawless act, potentially leading to a constitutional crisis, fueled by conflicts of interest as Musk pursues his own payment platform while dismantling its oversight. The situation is further exacerbated by DOGE’s access to sensitive CFPB data, raising concerns about data theft and exploitation.