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iemanja

(57,304 posts)
Sat Feb 8, 2025, 05:16 PM Feb 2025

Musk's Doge takes aim at US consumer protection agency [View all]

Source: BBC

The Trump administration and Elon Musk's Department of Government Efficiency (Doge) have moved to take control of - and possibly shut down - an agency set up to protect consumers in the wake of the 2007-8 financial crisis.

The Consumer Financial Protection Bureau (CFPB) oversees banks and holds vast troves of consumer data.

As part of the US Federal Reserve, the CFPB is an independent agency, however Trump's budget director was installed as its director on Friday, and Doge officials have gained access to the agency's computer systems. . .

CBS, the BBC's US news partner, reported that DOGE representatives have gained access to the internal systems of CFPB, including personnel rolls and financial records.

Read more: https://www.bbc.com/news/articles/cly48101n19o



There is no end to their malice.
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