On Wednesday, the Senate voted to block the Consumer Financial Protection Bureau (CFPB) from monitoring digital payments companies for fraud and privacy concerns—which Democratic lawmakers Elizabeth Warren and Adam Schiff said gave Elon Musk a "get out of jail free card.
CFPB and FHFA nominees will progress to the full Senate for confirmation, but Elizabeth Warren called answers to questions “disqualifying.”
The Senator is angry that she is losing control of her pet regulator, but she should blame her own design.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
The Senate Banking Committee approved Thursday Jonathan McKernan’s nomination to be director of the Consumer Financial Protection Bureau along party lines, 13-11. The vote came a week after McKernan’s confirmation hearing,
Sen. Elizabeth Warren (D-Mass.) is pressing President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) about his loyalty to the Trump administration and whether he would refuse to carry out “unlawful directives.
8hon MSN
Musk has been a longtime critic of the CFPB and posted “CFPB RIP” on his X account after the initial stop-work order issued to the agency in February. “If Mr. Musk has taken
In a forum Tuesday, Senate Democrats railed against President Trump and Elon Musk's efforts to shutter the Consumer Financial Protection Bureau as anti-consumer and illegal.
President Donald Trump's pick to lead the Consumer Financial Protection Bureau on Thursday withstood ... and faithfully" enforce laws related to the CFPB's mission. Sen. Elizabeth Warren pressed McKernan on if he would uphold CFPB's statutory requirements ...
Officials warn that the closing of the Consumer Financial Protection Bureau will have dire effects on vulnerable consumers including veterans and the elderly
Sen. Elizabeth Warren is pressing Michael Faulkender for answers on a host of issues including his oversight of the pandemic-era Paycheck Protection Program, ahead of a Senate Finance hearing on his nomination to take the No.
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.
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