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Trump, Musk’s CFPB Attacks Stand to Benefit Their Personal Finances [1]

['Emily Hoyle']

Date: 2025-02-26 15:04:14+00:00

Both Trump and Musk’s Forays Into “Digital Wallets” and Payment Processing Would Have Been Subject to Paused CFPB Rulemaking, Raising Ethics Questions

Ethics Expert: “Together, Trump and Musk seem to be uncaring about any conflict of interest and are just blatantly acting in ways that are out to serve their own private financial interest”

WASHINGTON, DC — The Trump administration, including the Musk-led Department of Government Efficiency (DOGE), OMB Director Russ Vought and others, has been taking aim at the Consumer Financial Protection Bureau (CFPB), the sole agency dedicated to consumer protection and putting money back in the pockets of American families. This is another illustration that the Trump administration is betraying workers in a way that not only sides with big corporations and billionaire donors, but also paves the way for Trump officials to further enrich themselves at the expense of millions of Americans, per new analysis from The Hill.

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[1] Url: https://accountable.us/trump-musks-cfpb-attacks-stand-to-benefit-their-personal-finances/

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