Robert Weissman, co-president of the consumer advocacy group Public Citizen, countered in a statement that the CFPB "was created specifically because none of the overlapping financial regulatory agencies prioritized consumer protection.".
"But there's no reason to think facts or evidence have anything to do with Musk's views," said Weissman.
"In fact, the CFPB has just finalized a rule to supervise large tech companies offering digital funds transfer and payment wallet apps," he continued.
"In short, Musk is calling for elimination of the consumer protection regulator over a business line he seems poised to enter...
This is systemic corruption at a grand and intolerable scale.".
"personal agency that she gets to control" and suggest the bureau is involved in efforts to "debank" people over their political views.
"The message: They think you are stupid and can't read and are going to make your life worse in order to enrich themselves. »
