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Elizabeth Warren has grave concerns about Elon Musk gutting her consumer watchdog

Elizabeth Warren expressed serious concerns about Elon Musk's actions undermining the Consumer Financial Protection Bureau , which she helped establish after the Great Financial Crisis.
Following Musk's social media post about the CFPB, its headquarters were closed, and employees were ordered to stop all work.
Musk faces conflict of interest allegations as his business could benefit from reduced regulation by the CFPB.
Warren warned that Musk's efforts could allow billionaires to bypass regulations meant to protect consumers.

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Bloomberg

Senator Warren Calls on Musk to Reveal Conflicts of Interest

Democratic Senator Elizabeth Warren is calling on billionaire Elon Musk to publicly release his financial disclosure forms, which would detail any potential conflicts of interest as he rapidly reshapes the federal government.

9 days ago·United States

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CNN

+4 Reposted by 4 other sources

Elizabeth Warren has grave concerns about Elon Musk gutting her consumer watchdog

About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the case for launching a new regulator to protect consumers getting ripped off by mortgages, car loans and other financial products.

10 days ago·Atlanta, United States

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The Independent

How Elon Musk could benefit from destroying the Consumer Financial Protection Bureau

‘This is like a bank robber trying to fire the cops and turn off the alarms before he strolls in the lobby,’ Elizabeth Warren says

10 days ago·London, United Kingdom

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Wonkette

Why Americans (But Not Banks) Love The Consumer Financial Protection Bureau

Sen. Elizabeth Warren speaks at Monday’s demonstration outside CFPB. Video screenshot, Associated Press on YouTubeThe Consumer Financial Protection Bureau was created by Congress following the 2008 financial crash, to help Americans who aren’t part of the reigning Finance ‘n’ Tech Oligarchy stand up to the giant corporations that seek to extract profits from us at every opportunity. Remember, the 2008 collapse resulted directly from Wall Street …

10 days ago·United States

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bitdegree.org

Warren Slams Musk and Trump for Gutting Consumer Watchdog

US Senator Elizabeth Warren is speaking out against efforts to weaken the Consumer Financial Protection Bureau (CFPB), an agency she helped create in 2007.

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Elizabeth Warren calls Elon Musk ’bank robber’ for dismantling CFPB

Democratic Senator Elizabeth Warren is fighting back against Elon Musk for his efforts to dismantle the CFPB, a consumer protection authority that she initiated in 2007.

8 days ago

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